Japex is redirecting its investment focus towards oil and gas exploration and production and scaling back its renewable energy investments due to poor returns and rising costs, following a trend seen ...

BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn ...

Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...

A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to ...

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.

Influential shareholder group calls for vote before any significant reversal of climate strategy, it is reported ...

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP shares have been underperforming for a few years now, but a recent uptick reflects growing interest in a revamped strategy ...

Items high on the agenda could be exiting petrol service stations, selling Castrol lubricants and US shale oil and gas, and ...

A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...

The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...