BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
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BP: Q4 Earnings Snapshot
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.
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LONDON MARKET OPEN: Stocks up despite more US tariffs; BP jumps
In London, BP shares advanced 7.0%. Elliott Investment Management has built a significant stake and called on the oil major to consider transformative measures, according to Bloomberg. According to ...
Activist Elliott Builds Stake in Oil Major BP, Source Says
U.S.-based Elliott is seeking to boost shareholder value by urging BP to consider transformative measures, Bloomberg News reported Feb. 8.
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BP cuts over 5% of workforce to reduce costs
LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...