Wooooo Hooooo Go BPH :)$$$$$$, page-30726

BP has put all new offshore wind projects on pause as the oil company’s new chief executive seeks to focus more heavily on fossil fuels.Murray Auchincloss, who became permanent head of the business at the start of the year, has also frozen hiring in the offshore wind division.The move, which was first reported by Reuters, follows investor discontent over the company’s switch to green energy.However, it is likely to trigger a backlash from climate campaigners who have waged a years-long campaign to push BP into clean energy.Mr Auchincloss is seeking to slow down investments in big budget, low-carbon projects, particularly in offshore wind, that are not expected to generate cash for years.