BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
Elliott Investment Management plans to ramp up pressure on BP (NYSE:BP) after the company's turnaround plan was seen as ...
Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP said it would increase its investments in oil and gas by about 20% to $10bn (£7.9bn) a year, while decreasing previously ...
Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
BP has abandoned a radical attempt to reinvent itself as a green energy company, bowing to pressure from investors after its ...
BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth ...
Many groups say that long term BP and others are pursuing a no-win strategy. Climate concerns will become so acute that much ...
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...