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BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's ...
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Harvey Jones is in a gloomy mood after checking out the recent performance of BP shares. So can they surprise us all by ...
Bloomberg reported that BP Plc (NYSE:BP) is considering selling its Castrol lubricant business as part of an ongoing ...
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 ...
Shares of BP PLC BP slid 1.87% to £3.59 Wednesday, on what proved to be an all-around positive trading session for the stock ...
(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.
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 ...
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 ...
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% ...
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 ...
Under the 25% reduction target, BP would have been producing around 2m barrels of oil a day by 2030. However, it has been facing increasing pressure from investors and stakeholders calling for the ...
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