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

Evercore ISI analyst Stephen Richardson maintained a Buy rating on BP (BP – Research Report) on February 28 and set a price target of $42.00. The company’s shares closed last Friday at $33.12.

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The ...

Oil company BP said it’s planning to announce a “fundamental reset” of its business strategy later this month. The company had a rough 2024 — its profits dropped by more than a third.

[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes. “Any shift in ...

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 ...

The source said Elliott was not asking for a specific increase in BP's oil and gas investments. Elliott also backs BP's independent strategy and did not propose a merger, according to the source.

Think about it, WBC. How sweet would it be for you to celebrate those anniversaries in May with a new logo color to trot out while enjoying some great press when you announce that Coyote vs.

It is nearly five years to the day since Bernard Looney, the then new chief executive of BP, set out a radical strategy for the oil major to go net zero by 2050. Under that strategy, BP would ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said. The activist ...

The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its profits fell by more than a third last year. Investors who have called for the energy giant to tear up ...