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 ...

The world's biggest corporations have caused $28 trillion in climate damage, a new study estimates as part of an effort to ...

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 ...

It's not the first major shuffle of office space around the refinery, which Standard Oil first opened in 1889 to refine ...

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 ...

(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.