BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

By Arunima Kumar (Reuters) -BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it ...

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

In the first quarter of 2025, Chicago-based bp expects seasonally lower volumes in customers and fuel margins to remain ...