A shareholder resolution filed by U.K. and European pension funds, along with activist investor Australasian Centre for Corporate Responsibility, said the reset strategy and renewed focus on oil and ...
BP faces shareholder and pension fund pressure to justify shifting from renewables to oil and gas, improve capex transparency ...
In a presentation to shareholders last February, BP said it was making a “fundamental reset” to its strategy to increase spending on oil and gas by $1.5bn to $10bn a year and cut clean energy from ...
BP (NYSE:BP) -1.4% pre-market Wednesday after unveiling its anticipated strategic reset to raise annual oil and gas spending to $10B while cutting planned spending in energy transition businesses by ...
British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having fundamentally ...
BP is undergoing a strategic pivot, focusing on cash returns and debt reduction while divesting non-core assets and maintaining operational reliability above 95%. Valuation metrics like EV/EBITDA, ...
Oil giant BP is bracing itself for a shareholder backlash at its annual general meeting (AGM) on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green ...
British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. Stream Connecticut ...
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