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 seeks to sell 50% of solar unit to strategic partner, bids due in June
London-listed BP is planning asset sales and partnerships as part of a broader plan to address investor concerns. The energy ...
BP CEO, Defending His Reset, Says Company to Be More Focused
BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...
BP plans to sell half its solar arm as the oil giant attempts to win over activist investor Elliott
Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...
BP chief paid £2.4mn less last year after failure to meet targets
BP chief executive Murray Auchincloss’s pay fell 30 per cent to £5.36mn last year after the struggling oil major failed to ...
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Exclusive: BP seeks to sell 50% of solar unit to strategic partner, bids due in June, document shows
CEO Murray Auchincloss said in February that BP had been considering bringing in partners to the solar developer to help boost returns from the fast-growing business. The company said in its sales ...
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Activist investor 'wants BP to go further on ditching renewables'
As well as offshore wind, BP's other big exposure to renewables is its Lightsource BP onshore development arm, for which it ...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.