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There are also outside forces applying pressure to BP ... How This Affects BP Stock Today While environmental, social, and governance (ESG) investors won’t be pleased with BP’s course ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
That's a sharp reversal from previous pledges to cut output. The move comes as BP battles investor pressure, particularly from activist hedge fund Elliott Management, and struggles with a 97% ...
BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's ...
Under pressure from an activist investor and a sagging share price, the chief executive officer of energy giant BP (LON: BP) has pledged to return his company to its roots in oil and gas and do ...
We recently compiled a list of the Shake-Up Alert: 40 Companies Facing Activist Pressure ... The activist investor has consistently voiced disapproval of BP’s approach to shifting to renewable ...
(Reuters) - Activist investor ... Pressure for reform mounted after Elliott, which has led campaigns for change at companies including Marathon Petroleum, Hess and Honeywell, became one BP's ...
BP has been facing increasing pressure from investors and stakeholders to cut down its green ambitions and to stay within the more profitable fossil fuels sector. Environmental groups are angry.
BP shares soar after Elliott is reported to have taken a stake BP shares surged in early trade on Monday after the activist investor Elliot ... it's already been under pressure to reduce its ...
BP’s boss will tomorrow ditch the target to ramp up the group’s renewable energy capacity as he presents a make-or-break strategy update. Murray Auchincloss will announce that the FTSE 100 ...
BP has been under intense pressure since Bloomberg reported earlier this month that Elliott had built up a stake worth almost US$5 billion. The next move from the activist investor, which is renowned ...
An activist investor might put pressure on BP (BP) to spin off some divisions: The company's U.S. shale division, which is worth ~$20B, the lubricants division, worth ~$10B, and the marketing and ...
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