The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...

WASHINGTON — For years, multinational oil companies have fought back state and federal carbon pricing schemes, holding out for a nationwide carbon tax as the most equitable means of addressing ...

Summary. BP's strategic shift toward core hydrocarbon assets and Elliott Management's involvement have made investors more bullish, despite weaker-than-expected Q4 profitability.

BP plc (BP), a leading UK-based energy company, has announced plans to sell its onshore wind business in the United States. This marks a strategic shift as the energy giant refocuses on its solar ...

BP’s latest plan is to return 30%-40% of cash flow to shareholders and grow the dividend by 4% per year. This payout ratio is in line with that of most European integrated oil peers.

BP's strategic shift boosts oil & gas CAPEX, ... much of that valuation advantage disappears once you factor in BP’s elevated debt position. ... lagging the industry benchmark SPDR Energy ETF ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.

Murray Auchincloss, BP’s chief executive, has vowed to shift the company’s focus. Its share price has lagged behind its industry peers for a long period.

BP is showing signs of a pivot back toward oil and gas but is doing it too quietly to benefit its share price, according to Bluebell Capital Partners. SEARCH JOBS >> CREATE ACCOUNT SIGN IN ...

That has taken a toll on the industry, sparking warnings that 30,000 UK jobs could be lost as a result of the crisis. BP employs around 15,000 people in the UK.