Oil and gas major BP Plc (<a href="https://www.londonstockexchange.com/stock/BP./bp-plc/company-page" target="_blank">LON:BP</a>) has decided to slash investments in the energy transition by more than USD 5 billion (EUR 4.76bn) annually and consider selling a stake in solar developer Lightsource bp as part of a “fundamentally reset strategy” that shifts its focus back to its core activities.