BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...
The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...
HSBC analyst Kim Fustier raised the firm’s price target on BP (BP) to 480 GBp from 460 GBp and keeps a Hold rating on the shares. The firm ...
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.
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...
BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined to the business pages. But in this era of geopolitical complexity, it won’t ...
A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.
A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.