Elliott Ramps Up Pressure on BP as Turnaround Plan Falls Short
Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
How energy giant BP went from eco poster child to possible takeover target
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...
BP to Focus More on Oil and Gas in Strategy ‘Reset’
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP price target raised to $35 from $32 at Piper Sandler
Piper Sandler analyst Ryan Todd raised the firm’s price target on BP (BP) to $35 from $32 and keeps a Neutral rating on the shares. After years ...
BP cuts investment in clean energy and boosts oil and gas in major strategy shift
BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...
BP to Prepare Lubricants Sale, Ditch Plan to Cut Oil Output in Strategy Review
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
Iraq, BP agree to develop four Kirkuk fields
Iraq and oil major BP have signed a deal to redevelop four Kirkuk oil and gas fields, BP said on Tuesday, a breakthrough for ...
The medical bills hurting China’s economy
Nvidia’s revenues soared in the quarter to the end of January as demand for its AI-focused chips boomed, healthcare costs are dragging down the Chinese economy, and BP is turning its main focus back ...