The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

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.

The FTSE 100 firm reported a 36% drop in profits to £7 billion, as speculation grows that it will turn away from renewables ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its annual profits fell by more than ...

BP plc BP is set to report fourth-quarter 2024 earnings on Feb. 11. Find the latest EPS estimates and surprises on Zacks ...

BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

We don’t know how big its stake is, or exactly what its plans are for BP – will it try to break the company up, or could it ...