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 ...
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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 ...