There is a new catalyst in BP that aims to drive strategic changes, potentially boosting the company's performance and stock price. BP's current price/earnings ratio is attractive, and activist ...

BP’s Q1 performance reflected the company’s ongoing tug-of-war between its legacy oil business and ambitions in low-carbon energy. The oil production and operations segment showed resilience, with ...

New BP (NYSE:BP) Chair Albert Manifold told employees in an internal memo that the company's portfolio was "overly complex" and it needed to be faster in executing its strategy of shifting focus back ...

BP’s new Chair, Albert Manifold, has told employees the company must accelerate its pivot back to oil and gas while simplifying a portfolio he described as “overly complex.” In an internal memo seen ...

LONDON, Oct 1 (Reuters) - New BP (BP.L), opens new tab Chair Albert Manifold told employees on Tuesday that the group's portfolio was "overly complex" and it needed to execute its strategy of shifting ...

BP is slashing its investment in energy transition activities and seeking a new partner for Lightsource BP, the renewables developer fully owned by the oil and gas giant. The change in strategy comes ...