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Elliott Management is pressing BP to increase its free cash flow by an additional 40 per cent through deep cuts to spending, ...
BP says investors back the new strategy of refocusing on oil and gas. But it is not hard to find scepticism over whether the ...
Oil giant BP, which holds its annual general meeting on Thursday, has sought to resolve something of an identity crisis by ...
Elliott’s involvement has reignited talk of a mega-merger, even as market uncertainty clouds the company’s outlook.
BP is looking at investing $49 million in capital to relocate office workers from the Whiting Business Unit on Indianapolis ...
(SAF) at its Castellon refinery in eastern Spain - citing slower-than-expected growth in the market. The project was part of a broader €2 billion decarbonisation push at the site, announced in 2023.
BP Plc’s big strategy reset is less than two months old, but the foundations of the company’s pivot back to oil are already starting to look shaky. After years of under-performance ...
BP's shares fell in early trading Thursday after the energy group announced it expects weak first-quarter gas marketing and ...
BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year.
Oil giant BP has been thrust into the spotlight as a prime takeover candidate — but energy analysts question whether any of the likeliest suitors will rise to the occasion. Britain's beleaguered ...
The Whiting Redevelopment Commission approved Tuesday a proposal from bp Whiting Refinery to purchase the former Mascot Hall of Fame building and surrounding land. The refinery purchased the ...