Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
Reuters29d
BP’s overhaul can start with a new Chair
LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...
The Economist1mon
BP is underperforming and under pressure
Ever since John Browne vowed to turn BP green some 25 years ago, the British oil giant has experienced a series of embarrassing mishaps. That includes major safety lapses, such as a massive oil ...
Texas Standard10d
Is this the end of Big Oil’s green energy arc?
Back in 2020, British oil giant BP was positioning itself to be a leader in the energy transition, touting plans to eliminate ...
Reuters25d
BP weighs sale of $10 billion Castrol lubricants unit, Bloomberg News reports
Feb 18 (Reuters) - Oil major BP (BP.L), opens new tab is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported ...
Upstream16d
‘Line in the sand’ or ‘more of the same’: What's in store at upcoming BP capital markets event
A potentially momentous chapter in the history of UK oil and gas supermajor BP could be written this week. As investors arrive in London, or tune in online, for BP’s capital markets day on ...