BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

Five years ago, BP set some of the most ambitious targets among large oil companies to cut production of oil and gas by 40% ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

BP chairman Helge Lund (pictured), has overseen a number of strategy U-turns since taking the helm in 2019. Shares have since ...

BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...

BP's 'fundamental reset' on Wednesday is the most highly anticipated strategy shift for an oil major in several years.