BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

Outlook Guidance for 2025 will focus on cash flow growth driven by upstream production increases, lower turnaround activity in refining, and cost efficiencies. Management reiterated a 3%-4% ...

The June 26 news comes after reports that Shell entered early talks to buy BP in what would easily represent the largest energy deal of the century—if not ever. But with Shell s ...

BP has strategically pivoted to focus on cash returns, debt reduction and operational reliability. Click here to read my most recent analysis of the BP stock.

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.

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.

To save this great lumbering oil tanker from the rocks, it is going to require a very quick turnaround or the vultures will start to circle and BP will find itself gobbled up by a predator.

By Adam Whittaker BP said its head of strategy will leave the business as it continues to simplify its structure under its reset strategy.

A theoretical Shell-BP combination would carry debt and antitrust issues while requiring greater layoffs and divestments.

BP share price's upside gains came to an end after two sessions as US oil glut and the company's weak fundamentals returned ...

Final Takeaway BP showcased its commitment to a strategic reset, emphasizing upstream growth, refining improvements, and disciplined financial management.

(Bloomberg) — BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the push to make the business a more reliable driver of profits.