BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...
Elliott, led by boss Paul Singer (pictured), is expected to push BP to cut renewables and make big divestments to address its ...
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...