Energy stocks outperform so far this year as natural gas prices soar
Thanks to natural gas, energy stocks have been outperforming other sectors and the broader market.  Year to date, the S&P 500 ...
BP investors demand vote on any plans to scrap climate goals
BP investors demand vote on any plans to scrap climate goals - The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP pledges strategy reset as annual profit falls by a third
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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Elliott Wants Big Asset Sales at BP After Building $4.75-Billion Stake
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...
BP plans six new gas wells to sustain output from Azeri Caspian Sea field
BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...
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BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
The move comes after BP's share price slumped more than 10% in 2024. BP has struggled in recent years as it attempts to ...
BP set to scale back green investments as profits drop sharply
AJ Bell analyst Russ Mould said the sharp drop in profit "provided plenty of fodder" for hedge fund Elliott, with BP having ...