The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
Q4 2024Management ViewCEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new ...
STORY: A promise of a reset from BP as it reported quarterly profit of $1.17 billion on Tuesday (Feb. 11). The 61% drop in the fourth-quarter compared with the previous year made the results the ...
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