A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
The latest trauma at BP needs perspective. The disappointing financial results and presence of activist Elliott on the share ...
BP faces mounting pressure from activist investor Elliott to overhaul its strategy and divest assets for better performance.
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
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.
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...
The move piles pressure on BP chief exec Murray Auchincloss (pictured) to focus on fossil fuels and cut investment in ...