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BP to Expand Board to Help Deliver Strategy Reset, FT Says, Citing Sources Provided by Dow Jones Mar 4, 2025, 8:01:00 AM--BP plans to hire two more directors to help deliver its reset oil-and ...
Albert Manifold is ‘unknown entity’ in energy who will have to prove he is best person to deliver strategy overhaul and ...
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while significantly reducing spending on clean energy to $1.5-2 billion a year.
BP's annual profit drops to $8.9 bln Elliott's stake raises pressure for board and strategy changes Q4 profit fell 61%, weakest since 2020 Lower refining margins hit Q4; weak margins expected ...
Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.
“The new strategy appears more shareholder friendly, and over time should be more positive for the stock,” wrote Henry Tarr, ... BP’s share price fell 1.4 percent in trading in London.
BP said to eye raising oil production as it scales back clean energy strategy Oct. 07, 2024 4:22 AM ET BP p.l.c. (BP) Stock SHEL By: Jessica Kuruthukulangara , SA News Editor 34 Comments Play ...
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