Pressure on BP to merge with Shell and create a British oil giant
The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...
Activist Elliott Wants to End 15 Years of BP Losing Out to Shell
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP: 5 Levers To Pull At The Investor Day
Read here for 5 key strategies BP's management can use to boost value and address recent underperformance, from cost cuts to ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
Investment bankers in the City making case for BP-Shell tie-up
Some of the largest investment banks in the City are sizing up the possibility of a merger between BP and Shell.
Broker tips: Tullow Oil, BP, Shell
Analysts at Canaccord Genuity lowered their target price on exploration and production firm Tullow Oil from 35.0p to 25.0p following the group's recent trading update.
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP Considers Castrol Sale as Elliott Turns Up the Heat
BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...
BP: The Strategic Shift Investors Want
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 Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP and Shell profits more than double UK climate commitments, new figures show
BP and Shell profits in 2024 more than double the UK’s climate financial commitments, new figures show. The report by ...