Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg ...

British energy giant BP Plc has decided to sell its Indian lubricant subsidiary, Castrol India, as part of a “global ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...

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 Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...