The move is part of bp's broader strategy to address investor concerns, reduce costs and boost returns on investments.
Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...
By Andres Gonzalez and Shadia Nasralla LONDON (Reuters) -BP is seeking to sell 50% of its solar unit Lightsource bp to a ...
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...
The worlds top energy leaders will gather in Houston next week as oil prices plunge, forcing major companies to cut thousands ...
Elliott Investment Management, which recently took a stake in UK oil major BP Plc to push for sweeping changes, disclosed a 0.52% net short position in the company’s French rival TotalEnergies SE.
Activist hedge fund Elliott Management took a short position in French oil giant TotalEnergies, according to a regulatory filing, a move that comes shortly after the investor built a stake in ...
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BP’s renewables retreat isn’t because net zero is dead. It’s because BP can’t figure out how to become a key player in the ...
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic review. The ...