Pressure is building on Murray Auchincloss (pictured) following reports that activist investor Elliott was disappointed with ...

Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...

Auchincloss and Chairman Helge Lund, who was a key backer of the company’s now-criticized net zero strategy, could come under particular pressure. Representatives for Elliott and BP declined to ...

BP is expanding its board by adding two new directors to strengthen its focus on oil and gas production and enhance shareholder returns, following its recent strategic shift.

The presentation to investors is seen as crucial for Auchincloss as well as chairman Helge Lund, who has overseen a number of strategy U-turns since taking the helm in 2019. BP is under intense ...

The New York hedge fund does not believe BP boss Murray Auchincloss's new strategy - described as a 'fundamental reset' - ...

Under Chairman Helge Lund and former Chief Executive Officer Bernard Looney, BP became the first oil major to embrace net zero. The ideological shift failed spectacularly: Not only did oil demand ...

Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

A group of 48 investors has written to BP (NYSE:BP) Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals, setting up a potential clash with ...

If Elliott is unsatisfied with BP’s moves, the hedge fund may push for management changes, the people said. Chairman Helge Lund, who is known as one of the key backers of the company’s now ...

Tyler's appointment is effective April 1, and he will help the oil and gas major deliver its recently updated strategy, BP Chairman Helge Lund said. BP said alongside Tyler's announcement that it ...

BP is increasing its oil and gas investment to $10bn (£7.9bn) a year as part of a net zero “reset” that involves the company slashing spending on renewables.