US raider demands green energy sell-off at BP
BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...
Elliott Builds BP Stake of Nearly 5%, Pushes for Big Divestments, Source Says
(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...
Marketplace2d
Oil giant BP promises a “fundamental reset.” What will that look like?
The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...
AI Reset: Layoffs, RTO, And The New Realities Of Work
AI is no longer just a tool—it’s replacing jobs. As Meta and other companies accelerate layoffs and use RTO as a quiet ...
Upstream3d
BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
Euro Weekly News3d
BP announces a ‘fundamental’ reset
MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist 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 vows ‘fundamental reset’ as profit plunges
BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.
BP vows ‘fundamental reset’ as it retreats from net zero
BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...
GlobalCapital3d
BP’s ‘fundamental reset’ shows sustainability finance has failed
And sustainable finance has the means to make an impact. BP had $23bn in net debt at the end of last year. Fixed income ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...