Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

The move is part of bp's broader strategy to address investor concerns, reduce costs and boost returns on investments.

Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...

Followers of the drama expect Elliott will hold accountable the BP board members and executives most associated with its 2020 ...

BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...

Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg ...

BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...

By Andres Gonzalez and Shadia Nasralla LONDON (Reuters) -BP is seeking to sell 50% of its solar unit Lightsource bp to a ...

New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...

(Bloomberg) -- 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. The ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...

BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on ...