Murray Auchincloss, BP’s chief executive, is promising a ‘fundamental reset’ of company strategy - Amr Alfiky/Reuters BP has been ordered to cut spending on renewable energy by its third ...

BP CEO Murray Auchincloss said in a statement along with the release of BP’s 2024 results on February 11. “It will be a new direction for BP and we look forward to sharing it at our Capital ...

However, their views will add to pressure on Murray Auchincloss, the BP chief executive, as he prepares to announce a new strategy aimed at winning back investors’ support and improving performance.

After the British oil giant was rattled by a slump in profits, BP boss Murray Auchincloss promised a “fundamental reset” for the company in a new plan to be unveiled later this month. A quarter ...

The size of Elliott’s stake in BP was first reported by the Financial Times. On a call with analysts on Tuesday, chief executive Murray Auchincloss declined to comment on the hedge fund’s activities, ...

BP faces mounting pressure from activist investor Elliott to overhaul its strategy and divest assets for better performance.

In short, maintaining investor confidence is a hard nut for BP to crack. Chief executive Murray Auchincloss this week promised a “fundamental change” in the company’s strategy will be ...

“Part of those need to be and should be in their green businesses,” the FT’s source said. Current CEO Murray Auchincloss this week flagged a “fundamental reset” that BP plans to unveil later this ...