BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...
BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
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Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
UK supermajor's CEO says 'new direction' imminent as analysts suggest further shift from low carbon could be on the cards ...
The move piles pressure on BP chief exec Murray Auchincloss (pictured) to focus on fossil fuels and cut investment in ...
The combination of the dividend and the buyback for 2024 gives a sum total of nearly £6 billion in cash returns for the year.
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
The early price action is a sign that the market could be willing to look through politics, at least in the short term.
Everyone is feeling the pinch of rising costs at the pump. If Trump’s proposed tariffs on Canadian oil take effect next month, gasoline costs could increase even further. I’m not trying to be a Debbie ...