Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
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 are in focus on February 27 as oil major BP said it is looking at strategic review of its global ...
BP will raise oil and gas investment to $10 billion while cutting green spending, CEO Murray Auchincloss said. | One of India ...
BP said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. BP will ...
LONDON: British energy giant BP launched a major pivot back to its more profitable oil and gas business on Wednesday (Feb 26) ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP has unveiled its new business strategy. The oil and gas company has promised to increase its fossil fuel investments by 20 ...
This latest scaleback comes as BP faces pressure from activist investor Elliott Management, which reportedly took a 5% share ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
World: The strategy overhaul comes after a difficult trading year for BP, which is under pressure from investors to boost its ...