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 ...
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BP Stock In Spotlight After Report Says Elliott To Ramp Up Pressure, Retail Chatter Stays High
BP Plc (BP) garnered retail attention on Thursday after Bloomberg reported that activist investor Elliott Investment ...
BP’s Reset Finds Lukewarm Response as Shares Erase Elliott Gains
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
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 ...
Saudi Aramco considers bid for BP’s Castrol lubricant assets - Bloomberg
Castrol lubricant business, which could be worth as much as ~$10B, Bloomberg reported Wednesday. Aramco (ARMCO) reportedly is ...
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 ...
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BP Has a Final Chance to Return to Big Payouts
Javier Blas is a Bloomberg Opinion columnist covering energy ... For the last five years, BP Plc has put ideology ahead of profitability. This week, its board of directors has a final chance ...