Investors call for vote on any BP rowback on climate goals
A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...
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BP Reportedly Mulls Castrol Lubricants Sale, But Retail’s Not Too Enthused
BP Plc (BP) stock garnered retail attention on Tuesday after Bloomberg News reported that the company is considering selling ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...
BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
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Major City investor pushes BP to quit green energy as pressure builds
However, their views will add to pressure on Murray Auchincloss, the BP chief executive, as he prepares to announce a new strategy aimed at winning back investors’ support and improving performance.
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
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BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...