The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the ...
BP’s share price has risen on promises of a strategy reset, which I think will extend its more pragmatic energy transition ...
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
The move comes after BP's share price slumped more than 10% in 2024. BP has struggled in recent years as it attempts to ...
The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.
One of BP’s major investors is pressuring the company to ditch its green energy business, adding to pressure on the oil giant ...
BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...
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