BP share price has pulled back in the past few weeks as investors have watched energy prices dip. The stock was trading at ...
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BP's Strategy Under Scrutiny as Elliott Pushes for Further Changes
BP plc BP, the UK-based energy major, is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate deeper reforms, including cost cuts ...
BP Plc’s big strategy reset is less than two months old, but the foundations of the company’s pivot back to oil are already starting to look shaky. After years of under-performance, the struggling ...
BP plc said it expects to take as much as US$5 billion in writedowns for the fourth quarter, just weeks after replacing its ...
BP plc BP, the UK-based energy major, has officially launched the sale of its Castrol lubricants business, marking a significant move in the British energy giant’s plan to raise $20 billion by 2027 ...
On May 28, Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing strategic review, citing internal sources. The report states that energy ...
BP PLC (NYSE: BP) is strategically streamlining its portfolio by selling a controlling stake in its Castrol lubricants business. This move is designed to bolster BP's balance sheet and simplify its ...
BP plc BP, the UK-based energy major, expects weak first-quarter 2025 results for its natural gas trading business, signaling a challenging start to the year as it shifts its focus back to traditional ...
Elliott Investment Management, which is one of BP Plc’s largest shareholders, wants the energy giant’s incoming chairman to urgently improve the firm’s cost base and capital allocation, citing a weak ...
BP plc (NYSE:BP) announced Friday that it will sell its entire U.S. onshore wind energy portfolio to LS Power, a New York-based energy infrastructure firm. This move is part of a broader strategy to ...
BP Plc's outgoing Chairman Helge Lund was re-elected to the company's board amid a sizable protest vote. BP Plc’s outgoing Chairman Helge Lund was re-elected to the company’s board amid a sizable ...
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