BP’s transition from an Integrated Oil Company (IOC) to an Integrated Energy Company (IEC), with an emphasis on renewables, finally appears to be underway. While many have speculated that the company’s pledge to reach net zero emissions may be awash with hot air, key indicators from within the company now point to a real shift in the oil major’s future – a future without oil. BP’s results will be out on Tuesday next week and will likely make grim reading for the company’s investors. As such, CEO Bernard Looney will inevitably make a point of highlighting the company’s reform through such a turbulent period – urging them not to panic. This week, Reuters reported that the company has cut its…