BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...

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

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

Despite this disappointing performance, market attention is shifting away from the earnings themselves and focusing more on the company’s future direction” – Mark Crouch, eToro analyst ...

Mark Hartley examines the knock-on effect that Trump tariffs could have on the UK stock market and considers a stock that ...

BP’s boss has pledged to “fundamentally reset” the firm’s strategy, as annual profits slumped by more than a third and the ...

BP has announced plans to overhaul its strategy after reporting a 36% drop in annual underlying replacement cost profits to £7.22bn in 2024, down from £11.21bn the previous year.

There was mixed news to start the week from Nvidia’s key supplier Taiwan Semiconductor Manufacturing, or TSMC.

Shares in BP rose by 7% today, and were on track for the biggest daily gain in two years, as investors anticipated that ...

The reported stake-buying by Elliott has fuelled speculation over strategy changes at the oil giant and an overhaul of its management.

Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the matter told ...