Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...
AJ Bell analyst Russ Mould said the sharp drop in profit "provided plenty of fodder" for hedge fund Elliott, with BP having ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...
Expected to start operation 2026, the project will rise next to BP's refinery in Castellon and is meant to replace the ...
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that BP is scaling back its commitment to renewable energy ...
Iberdrola España have begun construction on a 25MW green hydrogen plant in Castellón, Spain with an investment of €70m ...
And sustainable finance has the means to make an impact. BP had $23bn in net debt at the end of last year. Fixed income ...
Accelera by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], will supply a 100-megawatt (MW) proton ...