How energy giant BP went from eco poster child to possible takeover target
In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.
Rigzone18d
BP Says It's Busy Developing Next Wave of Tech
Gordon Birrell, BP's EVP of Production and Operations, said the company is 'busy developing the next wave of technologies'. In an upstream investor presentation, which was sent to Rigzone by the ...
FXStreet23d
BP fails to impress the market, as Fed rate cuts get priced back in
The key event will not be the presentation from BP CEO Murray Auchincloss, but the judgement from Elliott Management, the activist investor who has built a near 5% stake in BP and is threatening ...
Yahoo Finance24d
BP to unveil strategy shakeup amid energy transition
British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy. A much anticipated presentation to ...
Rigzone24d
BP's Strategy Reset: 5 Things to Watch
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 ...
Houston Chronicle24d
BP shifts more to oil and gas production in a move to focus less on renewables
BP, the British oil major ... said Wednesday when asked about the company's commitment to its new strategy in a presentation for shareholders. "Quite the opposite," Birrell said.
Yahoo Finance23d
BP’s Reset Finds Lukewarm Response as Shares Erase Elliott Gains
(Bloomberg) -- BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits from investors as shares erased their recent gains.
The Financial Times24d
BP pivots back to oil and gas after ‘misplaced’ faith in green energy
In an afternoon presentation to analysts, Auchincloss said he had received early expressions of interest: “I’ve already had texts inbound on Castrol, imagine that.” He added that BP was open ...
Transport Topics24d
BP to Prepare Sale of Castrol Lubricants Business
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 ...
Channel NewsAsia Singapore23d
BP ditches climate targets in pivot back to oil and gas
LONDON: British energy giant BP launched a major pivot back to its ... executive Murray Auchincloss said in a statement ahead of a presentation to investors in London. "This is a reset BP ...
News2424d
BP to unveil strategy shakeup amid energy transition
British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy. A much anticipated presentation to ...