BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...
I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.
BP Plc’s Greater Tortue Ahmeyim project is set to export its first liquefied natural gas cargo from offshore fields in ...
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...
Get briefed ahead of your morning calls with the latest UK business headlines, key data and market reaction ...
BP said it would increase its oil and gas investments to about $10 billion a year as it pivots away from its low-carbon ...
With European equities up 5% since President Donald Trump’s election, the market may be underestimating the risk posed by US ...
In a highly anticipated strategy update, BP chief executive Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut investment in ...