BP Flags Up to $5 Billion of Energy Transition Writedowns

In an update ahead of earnings next month, the energy giant also flagged weak oil trading and flat production for the ...
Zacks Investment Research on MSN

BP's Strategy Under Scrutiny as Elliott Pushes for Further Changes

BP plc BP, the UK-based energy major, is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate deeper reforms, including cost cuts ...

BP interim CEO pledges to maintain focus on cost after Auchincloss exit, sources say

BP is maintaining its strategy and focus on cost cuts, its interim CEO Carol Howle told an internal town hall meeting on ...
NBC Washington

BP shares whipsaw as activist investor Elliott discloses stake build

BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...

BP shares fall as net zero plans trigger hit of up to $5bn

Oil giant BP has warned it will take a hit of up to $5bn in the final quarter of 2025, primarily due to lowering the value of ...

BP p.l.c.: Castrol Sale And Implications

BP p.l.c. accelerates debt reduction with a $20B divestment, refocusing on core assets. Click for this BP update as its sells a chunk of its Castrol business.