Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.

My interview with BP CEO Bernard Looney yesterday prompted lots of feedback, so I’m following with more. There are two great debates going on right now about investment in oil and gas companies.

BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

It is nearly five years to the day since Bernard Looney, the then new chief executive of BP, set out a radical strategy for the oil major to go net zero by 2050. Under that strategy, BP would ...

The FT reported today that only finance giants BlackRock and Vanguard hold larger stakes and claimed Elliott will demand BP swings the axe when it comes to the renewables-focused investments sparked ...

BP has tried to restore investor confidence in the company's strategy. Particularly since the resignation of former CEO Bernard Looney in 2023 after he failed to disclose relationships with employees.

Many hope that BP will currently give more clarity on its future oil and gas production strategy in light of the renewable energy transition. “Shares show marked underperformance relative to global ...

Bernard Looney, BP’s CEO until 2023, had laid out a plan to cut oil and gas production by 40% by 2030 and rapidly scale-up investment in renewables. Shortly before his departure, Looney then ...