BP Is a Symbol of the British Boardroom Disease
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
Daily Maverick on MSN1d
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.
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Activist Elliott Management third-biggest investor in BP — reports
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.
Upstream4dOpinion
BP is ripe for change – but can its leaders deliver?
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
Upstream6d
BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
BP faces pivotal moment: Board in firing line as activist Elliott sets scene for shake-up
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
cumnockchronicle.com7d
BP boss vows to ‘reset’ strategy after annual profits slump
The FTSE 100 firm reported a 36 drop in profits to £7 billion, as speculation grows that it will turn away from renewables to improve returns.
oedigital.com7d
BP Posts Lowest Quarterly Profit in Four Years
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...
worldenergynews.com7d
BP promises fundamental reset as Q4 profit hit four-year low
BP announced a quarterly profit of $1.1 billion on Tuesday. This was lower than expected, and the lowest since 2004. The ...