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

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 ...

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 ...

BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since fallen more than 10%.

Elliott Investment Management plans to ramp up pressure on BP after the company's turnaround plan was seen as lacking in ...

BP said Ian Tyler will join the board as nonexecutive director and will chair the remuneration committee. Tyler's appointment is effective April 1, and he will help the oil and gas major deliver its ...

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 chairman Helge Lund said the overhaul was designed to reflect 'significant changes we have seen in energy markets' and to ensure the firm was able to provide 'energy to the world today and ...

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.

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