BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
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 (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...
BP said on Wednesday it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as ...
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Hosted on MSNBP to up oil and gas output, slash clean energy spend in overhaulBP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
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