Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises - Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

Under the MoU, Seatrium will carry out engineering, procurement, construction, and commissioning (EPCC) of an FPU for the ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

As an activist investor takes a substantial holding in BP, Andrew Mackie assesses what it will take to energise the share ...

TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...

BP's net income fell to $8.9bn (£7.2bn) in 2024, down from $13.8bn the previous year. It said lower oil and gas prices, plus ...

BP revealed that it had made a discovery offshore Egypt. The company outlined in the release that it “encountered two prospective Messinian reservoirs at a measured depth of approximately 2,400 ...

BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...

Singapore shipyard group Seatrium has bagged the rights to prepare for its second deepwater contract with BP Exploration & ...

Norway's Aker BP raised its quarterly dividend by 5% on Wednesday and said capital expenditure is set to rise sharply this ...

Aker BP reported Jan. 30 that it’s selected Aucotec to help implement its digital infrastructure at the Yggdrasil oil and gas ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.