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 ...
US raider demands green energy sell-off at BP
BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...
Upstream6d
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 ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
Euro Weekly News6d
BP announces a ‘fundamental’ reset
MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...
BP’s future at stake as Elliott circles and the Telegraph mourns
US activist hedge fund Elliott has made a move on troubled energy giant BP, a development that has driven the Telegraph into ...
Upstream4dOpinion
BP is ripe for change – but can its leaders deliver?
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
The Daily Telegraph2d
Major City investor pushes BP to quit green energy as pressure builds
However, their views will add to pressure on Murray Auchincloss, the BP chief executive, as he prepares to announce a new strategy aimed at winning back investors’ support and improving performance.
Pressure on BP to merge with Shell and create a British oil giant
The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...
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 ...
Inside Elliott’s latest campaign
One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...