LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending its shares down 7% in ...
BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...
The United Steelworkers Union announced on Thursday that its workers should prepare for a strike or lockout at the BP Whiting refinery. USW 7-1 members authorized an initial financial transfer from ...
The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief executive, Meg O’Neill. By Stanley Reed Reporting from London BP, the ...
BP’S interim chief executive sits on the board of the Royal Navy, sparking “conflict of interest” concerns, it has emerged.
BP is upgraded to Buy, driven by a strategic pivot to value, high-margin hydrocarbon production, and disciplined capital allocation. BP's Q4 results showed strong operational resilience, robust cash ...
BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...
A group of shareholder activists and pension funds are pressuring BP (BP) to justify its strategy of shifting spending away from renewable energy to oil and gas projects, the Financial Times reported ...
A group of institutional shareholders in BP, featuring pension funds and an activist investment outlet, has filed a resolution demanding details on how exactly the company’s return to its core ...
NEW YORK, Feb 6 (Reuters) - The union representing hundreds of workers at BP's Whiting refinery, the largest refinery in the Midwest, said on Friday the British oil major does not intend to honor the ...
UK supermajor BP reportedly is seeking a partner to help boost production and shoulder some of the costs at the Kirkuk oilfield onshore Iraq. The operator last February signed a deal with the Iraqi ...
BP Plc is halting share buybacks to shore up its balance sheet as pressure mounts on the UK energy giant to deliver on its turnaround. The company slashed a $750 million quarterly stock repurchases ...