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 ...
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 ...
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 & Argus9d
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 ...
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 ...
The Daily Telegraph10d
BP shares jump as oil giant targeted by activist investor
BP said in January that it would cut more than 5pc of its global workforce, equivalent to nearly 8,000 jobs. Its 15,000-strong UK workforce is expected to be hit hard by the cuts. Such struggles ...
London Evening Standard10d
BP shares jump after activist investor reportedly buys stake
BP has seen its shares surge higher after an activist investor reportedly built up a stake in the oil giant (Nicholas T Ansell/PA) BP has seen its shares surge higher after an activist investor ...
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 ...