The $78 bln oil major urgently needs a hands-on chair who its new activist can work with. Former BHP Chair Ken MacKenzie, who ...

including cost cuts and potential leadership changes. The push came despite BP’s recent shift to hydrocarbons, following a strategy revamp last month. BP has lagged rivals Shell and ExxonMobil ...

Feb 2 (Reuters) - BP (BP.L), opens new tab on Friday named Kate Thomson as its permanent chief financial officer with immediate effect, completing a leadership reshuffle following Bernard Looney's ...

Proxy advisor Institutional Shareholder Services recommends shareholders vote in favor of the re-election of BP's (NYSE:BP) board and management at the company April 17 annual general meeting ...

(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...

A February strategy revamp was designed to overcome investor doubts. The revamp, however, included BP shrinking guidance for its first-quarter buyback to $0.75-$1.0 billion, implying a $3-$4 ...

However, if BP leadership hoped that Wednesday’s events ... week-low after the supermajor released details of its strategy revamp on Wednesday morning. Despite further details of the reset ...

BP (NYSE:BP) will cut bonuses for its senior leaders to 45% of target, Reuters reported Tuesday, citing an internal memo, after the company missed some key financial goals in 2024, including ...

JERA Nex BP will enter the market with a world-class leadership team' said William Lin, executive vice president for gas and low carbon energy at BP. Image by Kapook2981 via iStock In a recent ...

Having watered down that plan, BP accelerated its pivot back to hydrocarbons in a strategy revamp last month. But the two shareholders, who attended separate meetings with Elliott, said both they ...