The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

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Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...