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 ...
Tycoons make billions demanding change in UK firms: Should YOU invest like an activist?
But its raid is only the latest in a long line of attacks from activist investors on UK companies.Some might see the term ...
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 ...
Telegraph & Argus7d
BP boss vows to ‘reset’ strategy after annual profits slump
BP’s boss has pledged to “fundamentally reset” the firm’s strategy amid wide-ranging expectations that it will scale back its renewables projects, as annual profits slumped by more than a ...
The Daily Telegraph2d
Major City investor pushes BP to quit green energy as pressure builds
One of BP’s major investors is pressuring the company to ditch its green energy business, adding to pressure on the oil giant to change course after activist hedge fund Elliott bought a £3.8bn ...
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 ...
BBC8d
BP set to scale back green investments as profits drop sharply
Oil giant BP has said it will "fundamentally reset" its strategy as profits dropped sharply last year. It is widely expected to say later this month that it will scale back renewable projects and ...
BP shares climb on prospect Elliott stake will drive change
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...