Rachel Reeves must be ready to protect BP from foreign raiders
BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined to the business pages. But in this era of geopolitical complexity, it won’t ...
BP weighs sale of Castrol lubricant unit
BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...
BP investors demand vote on any plans to scrap climate goals
Nearly 50 major investors in BP have called on the oil giant to let them vote on potential plans to scrap its climate goals.
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bp considers Castrol lubricants business sale
BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn ...
BP mulls £8bn sale of motor oil arm Castrol as investors demand a shake-up at the energy giant
Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...
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BP’s chance for real capital discipline
Oil giant BP is facing mounting pressures from investors to impose capital discipline. Ahead of its capital markets day next ...