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Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert Manifold to "urgently address BP's shortcomings".
"Elliott believes the company requires decisive and effective leadership to overcome its chronic operational underperformance," a spokesperson for Elliott told Reuters in an emailed statement.
BP has appointed Albert Manifold to succeed outgoing chair Helge Lund, the supermajor said on Monday. Manifold held the role of chief executive of CRH, a large building materials business, for 11 ...
BP has agreed to sell its U.S. onshore wind business to U.S.-based LS Power, as part of its ongoing divestment strategy, the energy major said on Friday, without disclosing a deal value.
A electric pylon passed behind the BP logo displayed outside a petrol station that also offers electric vehicle recharging in Trowbridge in Somerset, England, on March 15, 2025.
A electric pylon passed behind the BP logo displayed outside a petrol station that also offers electric vehicle recharging in Trowbridge in Somerset, England, on March 15, 2025.
Legendary Entertainment is kicking the tires on a newly standalone Lionsgate Studios but it's very early days.
Guardians' Shane Bieber: Throws live BPBieber (elbow) threw 41 pitches with three up-and-downs in a live batting practice session Thursday, MLB.com reports. Bieber reported feeling good following ...
This is CNBC's was blog covering European markets. European stocks tumble with EU tariff letter expected from White House European stock markets have given up some of their recent gains by ...
European stock markets have given up some of their recent gains by tumbling on the last trading day of the week, while waiting on an expected EU tariff letter from White House. But according to ...
After coming up short at Chicago, Connor Zilisch will get a rematch with Shane van Gisbergen on Saturday at Sonoma (4:30 p.m. ET, The CW).