KEY TAKEAWAYS BP reportedly has given up on its goal to cut oil and gas output by 2030, as the British energy giant's chief executive seeks to build back investor confidence in the company.According to Reuters, BP CEO Murray Auchincloss is resetting BP's energy transition strategy, instead looking to boost its oil and gas output through new investments in the Middle East and the Gulf of Mexico.BP in February said it planned a 25% cut in oil and gas output by 2030, stepping back from a previous goal of a 40% ...