How Net-Zero’s Troubles Made BP Vulnerable
On this episode of In the City, we discuss what set the stage for Elliott Investment Management’s interest in the embattled ...
In the City: How Net-Zero’s Troubles Made BP Vulnerable
The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...
BP: Strategy Shift, Stock Buybacks, Cheap P/E
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
Total, Aker BP seek bigger stakes in giant Equinor oilfield
TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...
Aker BP raises dividend, eyes higher capital spending
Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
The Economist1d
BP is underperforming and under pressure
BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...
BP plans six new gas wells to sustain output from Azeri Caspian Sea field
BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...
BP executive promises 'reset' after profits fell in 2024
BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...