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BP vows 'fundamental reset'

BP executive promises 'reset' after profits fell in 2024

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an influential activist investor.

Seattle Times · 4d

BP vows ‘fundamental reset’ as profit plunges

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

Bloomberg L.P. · 4d

BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss

The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s new direction.

Campaign1y

BP in £60m advertising blitz following oil spill

To receive full access to Campaign's content including: Unrestricted access to all The Information and The Knowledge content Access to Campaign's in-depth features and coveted reports including ...

BP: Q4 Earnings Snapshot

LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the London-based ...

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BP vows 'fundamental reset'

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