BP confirmed it had received the letter and said it would respond in due course, the FT says. In the Investors First series, we explain why private markets are becoming a bigger part of the global ...

NEW DELHI: Flagship explorer ONGC and British energy major BP plc on Monday signed a framework MoU (Memorandum of Understanding) to explore partnerships in oil and gas projects in India and ...

DZ Bank downgraded BP (BP) to Sell from Hold with a 430 GBp price target following the Q4 report. BP’s realignment and entry of activist Investment Management was known in advance, the analyst ...

[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of ...

citing a letter from the 48 investors it had seen. “BP has previously offered a shareholder vote on its transition strategy and we expect a similar level of accountability to be maintained for ...

(Bloomberg) — Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes. “Any ...

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy. Profit after tax tumbled to $381 ...

BP has opened its first dedicated electric vehicle (EV) charging and convenience hub at Cromwell Road on the A4 in Hammersmith, London. Fuel has been removed from the site and five ultra-fast bp ...

Oil giant’s change in strategy comes after it was targeted by US activist investor BP has halted all investment into renewable energy as part of a “fundamental reset” of its strategy.

amid a slump in its share price and lagging profit compared to competitors like Shell. BP confirmed that it had received the letter, and said it would respond in due course.

Nearly 50 major investors in BP have called on the oil giant to let ... for future material strategy changes,” they wrote in a letter to BP chair Helge Lund, seen by the PA news agency.