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 ...
Bloomberg L.P.21d
BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet
It was April 2010, and the Deepwater Horizon disaster was about to become the largest-ever marine oil spill in the US and the most monumental crisis in BP’s 100-year history, costing $65 billion.
Bloomberg L.P.25d
BP Is a Symbol of the British Boardroom Disease
Chris Hughes is a Bloomberg Opinion columnist covering deals. Previously, he worked for Reuters Breakingviews, the Financial Times and the Independent newspaper. Elliott Management Corp.’s ...
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 ...
Yahoo Finance28d
Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
The dramatic divergence between the companies has been building for 15 years, starting with the biggest crisis in BP’s history, and spanning a series of events and decisions that pushed the two ...