Murray Auchincloss, BP’s chief executive, will set out a new company strategy on February 26 BP shares have surged after it emerged that activist hedge fund Elliott has built a stake in the oil ...

Oil company BP said it’s planning to announce a “fundamental reset” of its business strategy later this month. The company had a rough 2024 — its profits dropped by more than a third.

"ONGC and BP have agreed to explore opportunities for collaboration and partnership across the energy industry in India and internationally, focused on oil and gas exploration and production, as well ...

BP Plc CEO Murray Auchincloss insisted that the ... it emerged Elliot Investment has built a stake in the London-based oil major, a move that may increase pressure to restructure.

one analyst suggested it could push to split parts of BP's core oil and gas business and seek a change in management. "In terms of strategic business reviews, we would expect a push to effectively ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy. The energy firm posted underlying ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker refining margins and pledged to "fundamentally" reset its strategy. Despite this, the embattled energy ...

ONGC and BP have signed a pact to collaborate on exploration and production, trading, and other energy ventures in India and internationally. The MoU focuses on joint projects, technology sharing, and ...

Elliott Investment Management, known for its aggressive tactics, is expected to push for significant changes at BP, potentially including a strategic refocus on oil and a reduction in green energy ...