BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.
In London, BP shares advanced 7.0%. Elliott Investment Management has built a significant stake and called on the oil major to consider transformative measures, according to Bloomberg. According ...
The job cuts come days after BP announced it was delaying next month’s strategy update and relocating it to London from New York to give Auchincloss more time to recover from a medical procedure.
SAN JOSE – Calder Trophy frontrunners and former Boston University teammates Lane Hutson and Macklin Celebrini meet as the Canadiens visit the San Jose Sharks at SAP Center on Tuesday. Anaheim ...
At 9:00am EST on Thursday, the company's shares were trading at 428.65p on the London Stock Exchange, up 5.65p or 1.34%. Auchincloss told staff that BP was still "uniquely positioned to grow value ...
the chief executive officer of the London-based energy giant, informed staff of the decision. Bloomberg via Getty Images Upon discovering that Looney had not been fully forthcoming, BP announced ...
Shares in BP were up over 1% by early afternoon in London following the news. The company’s stock plummeted almost 16% over 2024 as Auchincloss tried to assuage investors’ concerns over its ...
BP confirmed thousands of job cuts in a statement ... for 11 February in New York will now take place on 26 February in London,” it added. “The fourth quarter and full year 2024 results ...
BP said. Abdul Ghani Al-Sawad also met with Shell’s chief executive Wael Sawan during his visit to London, with the Shell chief expressing the company’s “readiness to increase its ...
BP shares rose by as much as 1.7% in London before paring gains. Thursday's announcement comes during a testing time for BP. Its stock price has fallen by 5% over the past year while those of its ...