US raider demands green energy sell-off at BP
BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...
BP’s Net Zero push has crashed into reality
I remember when I first encountered a hard copy FTSE 100 annual report. I was a first year undergraduate and my achingly left ...
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 ...
BP shares jump as oil giant targeted by activist investor
Murray Auchincloss, BP’s chief executive, will set out a new company strategy on February 26 BP shares have surged after it ...
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 ...
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BP’s ‘fundamental reset’ shows sustainability finance has failed
And sustainable finance has the means to make an impact. BP had $23bn in net debt at the end of last year. Fixed income ...
How hedge fund Elliott shook BP from its strategic slump
At the headquarters of Elliott Management in New York, the hedge fund’s energy team now has T-shirts with “Gulf of America” printed on them, including one with a picture of Donald Trump as a pirate, ...
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.