BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
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 ...
FTSE 100 Live 11 February: BP strategy reset in focus after profits fall, Entain shares slide on CEO exit
A four-year low for BP quarterly profits today heightened the focus on the oil giant’s plans for a major strategy reset.
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
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BP's Strategic Overhaul: Navigating Profit Decline and Investor Demands
BP CEO Murray Auchincloss announced plans to reset the company's strategy after a 35% decrease in annual profits, missing ...