Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
Campaigners from climate groups including Fossil Free London and Weald Climate Action Group staged a protest outside BP’s ...
The move comes in response to pressure from investors, notably from activist hedge fund Elliot management. View on euronews ...
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
In addition to divesting $20 billion of assets, BP plans to slash investments in renewables and boost growth elsewhere.
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production.
Oil major BP says it has slashed planned investment in renewable energy and would increase annual oil and gas spending to ...
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...
BP will increase annual oil and gas investments to $10 billion under CEO Murray Auchincloss, focusing on fossil fuels to ...
BP is set to increase its annual investments in oil and gas to $10 billion, signaling a shift back to fossil fuels under CEO ...