BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP vows ‘fundamental reset’ as profit plunges
BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.
BP pledges strategy reset as annual profit falls by a third
By Arunima Kumar (Reuters) -BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it ...
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BP shares gain despite worst results since pandemic on activist investor hopes
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
BP at risk of takeover without renewed oil and gas focus success
Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.
Will BP head back to oil? Boss pledges fundamental reset as profits hit four-year low
The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its annual profits fell by more than ...
BP boss vows to ‘reset’ strategy after annual profits slump
The FTSE 100 firm reported a 36% drop in profits to £7 billion, as speculation grows that it will turn away from renewables ...
BP CEO pledges 'fundamental reset' as Q4 profit drops 60%
BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...
BP intends to execute $1.75B share buyback prior to reporting Q1 results
The company said it is committed to maintaining a strong balance sheet and strong investment grade credit rating. “Through the cycle, we are ...
BP Touts ‘New Beginning,’ Fundamental Change in Strategy
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...