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 ...
Shareholders want the Canadian to scrap the green agenda spearheaded by his predecessor Bernard Looney, who left in disgrace after undisclosed relationships with employees. ‘The window for ...
BP’s shares have languished in the past two years on investor concerns over a shift under previous boss Bernard Looney towards becoming a net zero energy company by 2050. Its close FTSE 100 ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production. By Stanley ...
The hedge fund targeting BP has built a stake in the fossil fuel giant worth nearly £3.8 billion, according to reports, making it the third biggest investor in the company. Elliott Management’s ...
It marks an end to the legacy left by Bernard Looney, the former BP boss who was forced out in 2023 after failing to disclose relationships with his colleagues. Mr Looney admitted following his ...
Bernard Looney. Looney resigned in the wake of a sexual impropriety scandal in December 2023, but not before he had managed to entangle the company in an array of unprofitable wind and solar ...
BP’s shares have languished in the past two years on investor concerns over a shift under previous boss Bernard Looney towards renewable energy. Its close FTSE 100 rival Shell also revealed a ...
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