How Big Is BP’s Stranded Assets Problem?
Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and ...
BP’s Crisis Marks the Tombstone for Big Oil’s Green Pivot
Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas. The chief executive of BP ...
BP cuts renewable investment and boosts oil and gas in strategy shift
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
Elliott ramps up pressure on BP as strategic reset disappoints - Bloomberg
Elliott Investment Management plans to ramp up pressure on BP (NYSE:BP) after the company's turnaround plan was seen as ...
BP's green failure offers Big Oil a lesson in moderation
BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...
BP to Slash Green Spending, Pivot Back to Oil
Those include activist hedge fund Elliott Management, which recently took a stake in BP with a view to pushing for ...
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 ...
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
BP doubles down on oil and gas, cuts renewable investments in strategy reset
BP announces its big "reset" on Wednesday, and Wall Street expects a pivot away from renewables and a doubling down on oil ...
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‘Line in the sand’ or ‘more of the same’: What's in store at upcoming BP capital markets event
Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to ...
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 ...