Investors call for vote on any BP rowback on climate goals
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
US raider demands green energy sell-off at BP
BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...
Upstream6d
BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
Euro Weekly News6d
BP announces a ‘fundamental’ reset
MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...
BP’s future at stake as Elliott circles and the Telegraph mourns
US activist hedge fund Elliott has made a move on troubled energy giant BP, a development that has driven the Telegraph into ...
Upstream4dOpinion
BP is ripe for change – but can its leaders deliver?
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
Pressure on BP to merge with Shell and create a British oil giant
The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...
Inside Elliott’s latest campaign
One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...
Abu Dhabi`s XRG, bp create shared project for gas in Egypt
Bp and Abu Dhabi National Oil Company’s (ADNOC) international investment arm XRG reported on Monday that the financial close ...
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.