Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP expected to roll back green energy pledges to boost profit
The oil giant was criticised by environmental groups amid forecasts that it will roll back pledges made five years ago in a bid to boost profit.
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production ...
Reuters28d
BP’s overhaul can start with a new Chair
LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...
Exclusive: BP to ditch renewables goals and return focus to fossil fuels
BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...
U.S. News & World Report16d
BP to Slash Spending on Net Zero Ventures as It Focuses on Oil and Gas Again
BP to Slash Spending on Net Zero Ventures as It Focuses on Oil and Gas Again LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and ...
WSLS 1016d
BP to slash spending on net zero ventures as it focuses on oil and gas again
Word and more for less than $7 each LONDON – British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in ...