The energy giant will announce its strategy later after rivals also rowed back on green energy plans.
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it embarks on a shift away from renewable energy amid pressure from activist investor Elliott Investment Management,
BP's current price/earnings ratio is attractive, and activist involvement could unlock further value. See why I rate BP stock a buy.
Iraq, BP agree to develop 4 Kirkuk fields
BP to cut renewable energy targets
BP (BP) is slated to announced a possible sale of its lubricants unit and drop plans to lower oil and gas output as it begins to shift away
BP is set to announce it will abandon its plans to reduce oil and gas production, bowing to investor pressure and a shift in strategic focus.
The Houston Livestock Show and Rodeo kicks of next week and on March 10 it is First Responders Day at RODEOHOUSTON sponsored by BP America. It's a way to recognize these first responders from public law enforcement,
Will chief executive Murray Auchincloss be able to deliver a ‘fundamental change’ in strategy at key investor meeting to drive the growth he promised and turn around BP’s fortunes?
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