Major City investor pushes BP to quit green energy as pressure builds
One of BP’s major investors is pressuring the company to ditch its green energy business, adding to pressure on the oil giant ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
Pressure on BP to merge with Shell, creating national oil giant
The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
Upstream Online3d
BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
ETF Daily News4d
Murray Auchincloss Buys 87 Shares of BP p.l.c. (LON:BP) Stock
On Friday, January 10th, Murray Auchincloss purchased 88 shares of BP stock. The stock was acquired at an average cost of GBX 423 ($5.27) per share, with a total value of £372.24 ($463.50). On ...
Forbes4d
BP Promises Big Changes After Attracting An Uninvited Guest
British major integrated company BP announced plans on Monday for what ... all in service of growing cash flow and returns,” CEO Murray Auchincloss told the Wall Street Journal a day after ...
BP vows ‘fundamental reset’ as it retreats from net zero
BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor ...
Yahoo Finance4d
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
(Bloomberg) -- BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about ...