BP's big green energy gamble has backfired, leaving profits in freefall and activist investors circling like sharks – now, desperate to stay afloat, it's making a frantic dash back to oil and gas.
Tesco and Shell are to buy the entire output of a controversial solar farm under construction on the Kent coast that was approved against massive local opposition on the basis that it would power 100,000 homes.
Cutting oil and gas production would be "dangerous and irresponsible", the boss of energy giant Shell has said, pointing to the recent hike in the cost of living globally.
