After the British oil giant was rattled by a slump in profits, BP boss Murray Auchincloss promised a “fundamental reset” for ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
The latest trauma at BP needs perspective. The disappointing financial results and presence of activist Elliott on the share ...
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
By Arunima Kumar (Reuters) -BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it ...
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.