BP Elliott Investment Management - Search News

Oil giant to invest more in oil and gas

The Independent on MSN · 3h

BP set to cut renewable investment and boost oil and gas production

BP set to cut renewable investment and boost oil and gas production - BP previously committed to cut oil and gas production by 40 per cent by 2030

BP cuts investment in clean energy and boosts oil and gas in major strategy shift

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and shareholder returns.

YAHOO!Finance · 4h

BP Refocuses on Oil Amid Elliott Pressure, But Cuts Buybacks

BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but shares fell as the company sharply cut buybacks. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.

1d

BP’s Strategy Reset: Five Things to Watch as Elliott Circles

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

4hon MSN

BP slashes renewables investment and boosts fossil fuel production

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel ...

17hon MSN

Report: BP to drop renewable energy goals in favor of fossil fuels

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

7d

BP Considers Castrol Sale as Elliott Turns Up the Heat

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

4hon MSN

BP takes the axe to investment in green energy in "shocking" strategy U-turn

BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...

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