BP plans to sell half its solar arm as the oil giant attempts to win over activist investor Elliott
Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...
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 ...
Elliott Pushes Oil Giant BP to Ditch All Renewables
New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...
BP Stock Drills Lower as it Reshuffles Board to Keep Activist Elliott Happy
Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...
MEED1d
BP’s Iraq oil development could be worth $25bn
UK-based BP’s planned investment in developing several giant oil fields in Kirkuk could be worth as much as $25bn, including ...
Grist on MSN6d
Oil companies are dropping renewable goals — and more importantly, expanding fossil fuels
This story was originally published by Grist with the headline Oil companies are dropping renewable goals — and more ...
BP Chief Executive's Pay Falls 31%
The pay of BP's chief executive fell 31% in 2024 as the British oil giant failed to hit several safety, operations and financial-based targets. Murray Auchincloss's total remuneration fell to 5.36 ...
Bernard Looney breaks silence since BP exit as he takes on new role with AI start-up
Bernard Looney, who has been quiet since he was sacked from BP in 2023, has been appointed chairman of ExpertAI, a tech firm ...
Rudaw3d
Iraq, BP sign deal to develop Kirkuk’s oilfields
Iraq’s oil ministry on Monday signed a landmark deal with British energy giant BP to develop four key oil fields in Kirkuk.
Museums defend BP sponsorship despite backlash against cuts to climate change funding
“With BP now brazenly recommitting to dirty fossil fuels, cultural organisations such as The British Museum and Science ...
Grist7d
Oil companies are dropping renewable goals — and more importantly, expanding fossil fuels
BP isn’t the only oil giant rolling back its climate commitments. Shell and Norway’s state-controlled Equinor have also made similar moves recently. But, while the news has caught headlines ...