BP plans to sell half its solar arm as the oil giant attempts to win over activist investor Elliott
Pressure is building on BP chief exec Murray Auchincloss (pictured) following reports that Elliott was disappointed with his ...
Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
Power Technology44m
bp to divest 50% stake in Lightsource bp to strategic partner
bp is seeking to sell a 50% stake in its solar unit, Lightsource bp, to a strategic partner, aiming for cash and future ...
BP’s dance with Elliott
Followers of the drama expect Elliott will hold accountable the BP board members and executives most associated with its 2020 ...
BP seeks to sell 50% of solar unit to strategic partner, bids due in June
London-listed BP is planning asset sales and partnerships as part of a broader plan to address investor concerns. The energy ...
Elliott Pushes Oil Giant BP to Ditch All Renewables
New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
Activist Investor Elliott Slams BP’s Turnaround Strategy
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
Yahoo Finance15d
Elliott Ramps Up Pressure on BP as New Strategy Falls Short
(Bloomberg) -- Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said. The ...
Upstream8d
Activist investor 'wants BP to go further on ditching renewables'
Activist fund Elliott Management wants BP to go further than plans outlined last week and completely ditch renewables, it has ...
BP CEO, Defending His Reset, Says Company to Be More Focused
BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...
BP’s Reset Finds Lukewarm Response as Shares Erase Elliott Gains
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits from investors as shares erased their recent gains. Most Read from ...