BP faces ‘existential crisis’ after ruinous attempt to go green
It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past.
Is BP p.l.c. (BP) The Best Oil Refinery Stock To Invest In According to Analysts?
We recently published a list of 12 Best Oil Refinery Stocks To Invest In According to Analysts. In this article, we are going to take a look at where BP p.l.c. (NYSE:BP) stands against other best oil ...
How BP became the oil industry’s biggest loser on net zero
It was meant to be the moment when one of Britain’s most powerful companies broke decisively with its fossil fuel past ...
Make-or-break plan to seal oil giant BP's fate
Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits slumped by a third last year.
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What does a potential BP and Shell merger mean for the UK oil industry?
Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating ...
BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
Rachel Reeves must be ready for a political storm over BP
BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined ...
BP weighs sale of Castrol lubricant unit
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
BP mulls £8bn sale of motor oil arm Castrol as investors demand a shake-up at the energy giant
Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...
BP investor group wants vote on any changes to climate goals - FT
Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals, setting up a potential clash with activist hedge fund Elliott Management, the Financial ...
BP investors demand vote on any plans to scrap climate goals
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.
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BP Shareholders Seek Vote on Fundamental Reset of Strategy
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.