BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
(Alliance News) - London's FTSE 100 is called to open a touch ... In early UK corporate news, BP reported a profit decline ahead of a key strategy update later this month. Gambling firm Entain ...
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
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 ...
Operating cash flow decreased 20.8% to $7.43 billion. BP fell short of estimates with its fourth-quarter earnings, pointing to ongoing challenges amid its energy transition. BP is a major player ...
BP has seen its shares surge higher after an activist investor reportedly built up a stake in the oil giant. Shares in the FTSE 100 firm jumped more than 8% at one stage in Monday morning trading ...
BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and the oil giant faces pressure from an activist investor. The FTSE 100 ...
BP said the lower profits reflected “weaker realized refining margins, higher impact from turnaround activity, seasonally lower customer volumes and fuels margins and higher other businesses and ...
BP plc BP, the UK-based energy major, has reached a milestone in its ambitious Greater Tortue Ahmeyim (“GTA”) liquefied natural gas (LNG) project, located off the coasts of Mauritania and ...