Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
A reader approves of BP’s decision to ramp up its oil and gas production while cutting its investments in renewables ...
To the editor: In the recent New York Times article "BP to focus more on oil and gas in strategy 'reset'" (The Berkshire Eagle, Feb. 26) reporting that BP is planning to increase investments in gas ...
Not all investors will be pleased with BP’s new direction. In a recent letter to BP, a group of investment management firms questioned a shift to a greater emphasis on fossil fuel production.
Phoenix Group, Robeco and Royal London Asset Management, it reports. --BP confirmed it had received the letter and said it would respond in due course, the FT says.
BP confirmed it had received the letter, adding it would respond in due course. Lund, a former chief executive of Norwegian energy group Equinor, has been chair of BP since 2019 and was ...