U.S. activist hedge fund Elliott Management, currently campaigning for more change at BP in its capacity as a BP shareholder, ...
BP CEO Murray Auchincloss says that the oil major is on the cusp of churning out much more cash than previously.
The Trump administration is trying to reduce oil exports from Iran and Venezuela, which will tend to reduce OPEC+ crude ...
BP is weighing the sale of minority stakes in two Gulf of Mexico projects, with each project estimated to be worth billions ...
The BP share price is up from its nadir, but the volatility's arguably making it hard to invest. What’s more, there’s geopolitics and Trump’s production goals. The post What’s going on with the BP ...
On February 27, 2025, FERC granted a complaint filed by BP Energy Retail Company California LLC (“BP Energy” or “Company”) under sections 206 and 306 of the Federal Power Act appealing a ...
Oil and gas firms that once leaned into aggressive climate targets praise Trump’s agenda at an annual Houston gathering, emphasizing fossil-fuel development.
A major energy project that was set to create hundreds of jobs on Teesside has been scrapped. BP, the energy behemoth, had plans to generate over 600 construction roles followed by around 100 ...
The strategic "reset" that BP unveiled last week hiked investments in core oil and gas production by 20%, slashed green energy spending by 70% to between $1.5 billion and $2 billion a year and ...
BP last week succumbed to pressure from activist investor Elliott Management, which has demanded it ditches renewable energy projects in favour of ramping up oil and gas production. Rivals Shell ...
But we doubt that fossil fuel investors will like this new approach any better either, because the outlook for distributions is lower and the company’s management is unchanged. The energy transition ...
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