Activist Investor Elliott Slams BP’s Turnaround Strategy
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg ...
US LNG industry faces obstacles despite Trump’s backing
The president sparked enthusiasm for American liquefied natural gas exports by lifting a pause on government permit approvals ...
Teleflex: Q4 Earnings Snapshot
TFX) on Thursday reported a loss of $136.7 million in its fourth quarter. On a per-share basis, the Wayne, Pennsylvania-based company said it had a loss of $2.95. Earnings, adjusted for one-time gains ...
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BP to reduce stake in Lightsource, ‘last ditch’ renewables retreat could face legal challenges
The retreat on renewables has been described as a "last-ditch attempt to cash in" against the rising tide of the energy transition.