Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
LONDON—BP BP0.32%increase; green up pointing triangle said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its ...
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
The British petroleum giant laid out plans Wednesday to boost spending on fossil fuels as it dials back renewable energy plans. BP officials announced a “fundamental reset” Wednesday for the ...
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 to unveil strategy shakeup amid energy transitionA much anticipated presentation to investors gathered in London comes after ... has built a significant stake in BP. The fund is known for forcing through corporate changes within groups it ...
BP's shares were down 1.7 percent in afternoon trading in London. BP will increase oil ... The fund is known for forcing through corporate changes within groups it invests in, signalling further ...
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will ...
Activist investor Elliott reportedly was unhappy with last week's corporate strategy reset ... BP shares (BP) (UK:BP) slipped 0.2% in London trade on Thursday. The stock has dropped 24% from ...
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