Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating duplication could add $33 billion to the value of the combined group. But there ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

Japex is redirecting its investment focus towards oil and gas exploration and production and scaling back its renewable energy investments due to poor returns and rising costs, following a trend seen ...

I’m just looking at grants related to natural resources and the environment, but can’t help wondering why the government has been paying so much to so many organizations and companies — to do what ...

A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to ...

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray ...

Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...

(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...