Representatives for Elliott and BP declined to comment. In a closely-watched presentation Wednesday, Auchincloss reversed a plan to shrink oil and gas production and said BP would cut investments in ...

Gordon Birrell, BP's EVP of Production and Operations, said the company is 'busy developing the next wave of technologies'.

BP shifts strategy to boost oil output, cut green investments, and enhance shareholder returns with 20% free cash flow growth through 2027. See why BP is a Hold.

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.

BP said it would increase oil-and-gas investment to about $10 billion a year. - Martin Meissner/Associated Press. LONDON—BP said it would boost oil-and-gas production and sharpl ...

Activist fund Elliott Management wants BP to go further than plans outlined last week and completely ditch renewables, it has ...

The activist investor will decide its next move based on how the CEO’s presentation goes, and here are five things to watch: Auchincloss took charge of BP a year ago pledging an “unchanged ...

BP Plc is set to announce a potential sale of ... In a crucial strategy presentation, CEO Murray Auchincloss has promised to “fundamentally reset” the struggling oil major, after five years ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...

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