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 ...
The Institute for Energy Research4d
BP Returns Its Focus to Oil and Gas Production
President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high ...
JD Supra2d
FERC Grants BP Energy’s Complaint Appealing CAISO Meter Data Reporting Penalty
FERC granted a complaint filed by BP Energy Retail Company California LLC (“BP Energy” or “Company”) under sections 206 and ...
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
CERAWEEK Time has come to ramp up U.S. gas output, BP CEO says
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...
Yahoo Finance3d
BP Resets to NatGas as Energy Transition Takes a Backseat, CEO Says
“I'm super excited that we launched it.” At the end of February, BP announced a shift in company strategy. After years leaning into the energy transition, the company planned to cut spending ...
Oil and gas executives roll back green energy pledges as they celebrate Trump
Oil and gas firms that once leaned into aggressive climate targets praise Trump’s agenda at an annual Houston gathering, ...
Upstream Online4d
Energy markets are in 'phase of addition', not transition, says BP
BP last month announced that it will slash its spending on energy transition businesses by $5 billion and boost oil and gas ...