Transport infrastructure made up most of last year’s reconstruction in Azerbaijan’s liberated territories. The Chamber of ...

An unprecedented wave of CEO departures in 2024 has highlighted a critical shift: Vision alone no longer suffices. Execution ...

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

He's worked for the company for 25 years, serving in various leadership and safety roles. He's led the BP Whiting Refinery since 2020. It suffered a series of operational incidents earlier this ...

BP's CEO has reassured investors that BP will be watching market volatility and will be focusing on strengthening its balance sheet to improve shareholder value in the long-run. Oil and gas giant ...

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 ...

SUNBURY-ON-THAMES, England, April 17 (Reuters) - BP's board is up for re-election at its annual general meeting on Thursday as the group faces activist shareholder Elliott Management and climate ...

BP's net debt grew in Q1 2025. Year to date, BP’s stock has plunged by 18% despite the strategy reset announced at the end of February. BP is holding its annual general meeting on April 17 in ...

The new strategy did not come easily to BP’s leadership, by the way. It came as the result of a pressure campaign from activist investor Elliot Management, which called BP out on its unrealistic ...

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 ...

(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 ...