Oil giant BP, which holds its annual general meeting on Thursday, has sought to resolve something of an identity crisis by launching a fundamental reset.

Energy stock BP (BP) managed to hit it big in the Gulf of America, or Gulf of Mexico, depending on which orthodoxy you subscribe to. Regardless ...

Activist investors at the business, including ruthless US fund Elliott Management, which has built up a 5 per cent stake in ...

At least two BP shareholders said on Friday they are planning to vote against the re-election of the oil major's outgoing ...

BP anticipates a quarter-over-quarter decline in upstream production when it reports earnings later this month.

BP's shares fell in early trading Thursday after the energy group announced it expects weak first-quarter gas marketing and ...

BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results.

Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...

The oil giant has suffered several years of poor performance since embracing net zero in 2020 under its previous CEO, Bernard Looney.

Helge Lund, its Chairman, will be stepping down after a “fundamental” strategy reset to cut renewable investments & grow ...

BP Chair Helge Lund will step down in 2026, initiating a succession process following the company’s strategic reset, ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.