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Looking ahead to 2025, BP expects lower upstream production due to asset divestments in Egypt and Trinidad. Refining and fuel ...
including cost cuts and potential leadership changes. The push came despite BP’s recent shift to hydrocarbons, following a strategy revamp last month. BP has lagged rivals Shell and ExxonMobil ...
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BP shares jump 7% after Elliott Management takes stake – will there be leadership changes?The size of Elliott’s holding has not been disclosed, but its involvement is already fuelling speculation about potential changes to BP’s strategy and leadership. The stock climbed to 462p ...
These discussions include potential deeper cost reductions and leadership reshuffles. The focus is on addressing BP's underperformance compared to peers and demanding more significant changes than ...
Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential leadership ...
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...
The size of Elliott’s holding has not been disclosed, but its involvement is already fuelling speculation about potential changes to BP’s strategy and leadership. The stock climbed to 462p from its ...
Elliott, some investors want deeper change at BP, sources say Cost cuts ... oil major that could include cost cuts and a potential leadership reshuffle, two shareholders told Reuters.
BP plc BP, the UK-based energy major, is facing mounting pressure from activist investor Elliott Management, which has been meeting major shareholders to advocate deeper reforms, including cost cuts ...
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