I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP Plc’s Greater Tortue Ahmeyim project is set to export its first liquefied natural gas cargo from offshore fields in ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

BP (BP) is slated to announced a possible sale of its lubricants unit and drop plans to lower oil and gas output as it begins to shift away ...