Elliott Ramps Up Pressure on BP as New Strategy Falls Short
Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said. Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...
20hon MSN
Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback