Elliott Ramps Up Pressure on BP as Turnaround Plan Falls Short
Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
FTSE 100 LIVE: Stocks head lower as Rolls-Royce announces first dividend in five years
The FTSE 100 (^FTSE) and European stocks were lower on Thursday as Rolls-Royce (RR.L) announced its first dividend in five ...
Is BP’s share price set to soar after it announces a strategic reset back to more oil and gas production?
BP’s major shift in strategy should enable it to achieve very high earnings growth which should power its share price and ...
Castrol India shares in focus as BP looks at 'strategic review' of lubricants business
Castrol India shares are in focus on February 27 as oil major BP said it is looking at strategic review of its global ...
BP to boost oil and gas investment to $10 billion, slashes green spending
BP will raise oil and gas investment to $10 billion while cutting green spending, CEO Murray Auchincloss said. | One of India ...
BP slashes ‘net zero’ renewable energy spending by $5 billion, turns to fossil fuels: What’s behind the strategy shift?
BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...
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BP ditches climate targets in pivot back to oil and gas
LONDON: British energy giant BP launched a major pivot back to its more profitable oil and gas business on Wednesday (Feb 26) ...
BP to slash green spending, pivot back to oil
LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil ...
BP to Focus More on Oil and Gas in Strategy ‘Reset’
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
Weekly Blitz16h
BP shifts focus back to fossil fuels amid investor pressure
British energy giant BP is reportedly set to abandon its renewable energy targets and return to its fossil fuel roots in a ...
Why Paul Singer, the octogenarian founder of $72 billion Elliott Management, does not have fun at work
In a rare interview, the Elliott Management founder Paul Singer talked about the hedge fund's activism, market risks, and ...
BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.