Elliott Investment Management plans to ramp up pressure on BP (NYSE:BP) after the company's turnaround plan was seen as ...
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its ...
BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...
BP's (NYSE:BP) deal to redevelop oil and gas fields in Iraq's Kirkuk region eventually will be viewed as of the company's ...
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...
I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...
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