AOL.co.uk6d
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises
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 ...
Yahoo Finance6d
Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
(Bloomberg) -- For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets and similar global reach. Today, Shell is worth twice ...
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BP’s overhaul can start with a new chair
BP faces mounting pressure from activist investor Elliott to overhaul its strategy and divest assets for better performance.
Reuters6d
BP’s overhaul can start with a new Chair
LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...
nepm6d
'It’s a hardship': Public weighs in on proposal for unemployment for striking workers
“They shouldn't have the right to have state government negotiate for them.” State Senate President Martin Looney, a New Haven Democrat, testified in support of the legislation, recalling a moment ...