Oil giant BP’s boss has vowed to “fundamentally reset” the organisation's strategy as annual profits slumped by more than a third due to drops in the final quarter of 2024, while the organisation ...

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 oil ...

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BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor.

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

A barrel of Brent rose to USD76.63 early Tuesday, from USD75.88 at the time of the London equities close Monday. Gold rose to USD2,911.03 an ounce, from USD2,903.38. Gold spiked to another record high ...

In the fourth quarter, BP maintained its pace of quarterly buybacks at USD1.75 billion, which it intends to execute ahead of first quarter results. Chief Executive Murray Auchincloss said it will be a ...

The Feb. 26 strategy update has long been seen as a crucial test of Auchincloss’s vision for BP, even before Bloomberg ...

The British oil and gas giant's Chief Executive Murray Auchincloss said the company would continue to reshape its portfolio and has made strong progress in cutting costs. BP now plans to change its ...

BP reported quarterly profit of $1.17 billion on Tuesday, higher than expected, but the lowest in four years, while the ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...