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BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...
The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...
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 strategy reset disappointed investors. Author of the article: ...
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 Europe 600 Energy Index, which rose 0.2%.
BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, ... This long period of upstream neglect will make it more difficult to achieve a quick turnaround, analysts say. Article ...
The stakes are high, yet BP’s vulnerability could also be the genesis of a true Ben Graham-style value opportunity should the turnaround plan bear fruit. New targets for an energy expansion phase ...
BP (NYSE:BP) is under growing pressure from activist heavyweight Elliott Management, which has been quietly meeting with large shareholders to rally support for sweeping changes at the energy ...
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