At the CERAWeek conference in Houston yesterday, BP (BP) CEO Murray Auchincloss stated “With rising gas prices, the time has come for the Haynesville”, Reuters’ Ron Bousso reports. The company now ...
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...
Feb 18 (Reuters) - Oil major BP (BP.L), opens new tab is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported ...
[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 ...
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 shift in ...
LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...
Feb. 26 (UPI) --BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of the company's reset after recent lackluster economic performance.
Chris Hughes is a Bloomberg Opinion columnist covering deals. Previously, he worked for Reuters Breakingviews, the Financial Times and the Independent newspaper. Elliott Management Corp.’s ...
(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people ...
(Bloomberg) — BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar ...
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a potential sale of its lubricants business, according to sources familiar with the ...
Elliott Management is pushing for major asset sales at BP to address the undervalued shares of the UK-based supermajor after the U.S. activist investor built a stake of nearly 5% worth about $4.75 ...
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