London's FTSE 100 closes at record high on Shell boost
Britain's FTSE 100 inched to a record closing high on Tuesday as gains in energy giant Shell overshadowed declines in ...
BP cuts senior leadership bonuses to 45% after missing targets - Reuters
BP (NYSE:BP) will cut bonuses for its senior leaders to 45% of target, Reuters reported Tuesday, citing an internal memo, after the company missed some key financial goals in 2024, including EBITDA of ...
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and plans to push for operational changes and the sale of the company's ...
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BP CEO vows strategy reset as profit plunges 35%
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
Woodside and Trinidad have agreed on initial commercial terms for deepwater gas, exec says
The government of Trinidad and Tobago and Woodside Energy have reached an initial agreement on the commercial terms for ...
BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources ...
Bank bosses expect US policy uncertainty to persist under Trump, but stay bullish on economy
U.S. bank executives said on Tuesday they expected policy uncertainty to linger as President Donald Trump's second ...
UK financial ombudsman chief left by mutual consent, lawmakers told
The head of Britain's Financial Ombudsman Service (FOS) left by mutual consent and her departure had nothing to do with how motor finance mis-selling cases have been handled, lawmakers were told in a ...
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BP's Strategic Overhaul: Navigating Profit Decline and Investor Demands
BP CEO Murray Auchincloss announced plans to reset the company's strategy after a 35% decrease in annual profits, missing ...
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
Factbox-Activist Elliott's recent holdings and campaigns
Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...
BP cuts senior leadership bonuses to 45% after missing 2024 financial targets, sources say
BP will cut bonuses for its senior leaders to 45% of target after the company missed some key financial goals in 2024, three ...