BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

BP's Turnaround Plan Tested by Weak Earnings, Falling Shares BP Plc’s plan to turn around years of poor performance got off to a rocky start as the first set of earnings since the company’s big ...

Elliott Investment Management plans to ramp up pressure on BP (NYSE: BP) after the company's turnaround plan was seen as lacking in urgency and ambition, Bloomberg reported Thursday.

The June 26 news comes after reports that Shell entered early talks to buy BP in what would easily represent the largest energy deal of the century—if not ever. But with Shell s ...

The coffee shop giant is using $6 million in performance-based stock incentives to encourage executive officers to follow ...

Shares of BP have lost almost a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled.

BP set to eliminate thousands of jobs in turnaround plan: CEO Murray Auchincloss BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx ...

BP PLC said Tuesday it expects to make $3-4 billion worth of asset sales in 2025, following a “reset” plan that involves scaling back renewables investment and cutting costs.

Shares of BP have already lost nearly a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled.

BP’s head of strategy, Giulia Chierchia, who was one of the architects of its previous plan, would leave in June and not be replaced, it said.

BP's Upstream Chief Lays Out the Mechanics of Turnaround Plan BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the push to make ...