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British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging ...
A spokesperson for one of the signatories, Royal London Asset Management, said: "As long-term shareholders, we recognise BP's past efforts toward energy transition but remain concerned about the ...
BP told Business Insider it plans to cut 4,700 staff and 3,000 contractors, amounting to about 5% of its global workforce. The cuts are part of a program to "simplify and focus" BP that began last ...
Nicknamed the "Sun King" for his management style, he was also praised for transforming the oil and gas industry's approach to climate change, and for creating a renewable and alternative energy business within BP. He resigned from BP in May 2007 in controversial circumstances surrounding his personal life and sexuality.
BP CEOs John Browne (1995–2007), Tony Hayward (2007–2010) and Bob Dudley (2010–2020) BP initiated a crisis management plan only six hours after the explosion. The following day, a website [157] was set up to publish updates on the accident. [158] Chief Executive Lord John Browne visited the plant on the day after the explosion. [159]
Investors managing £1.8 trillion ($2.2 trillion) in assets are widening a campaign pressing oil majors to better reflect climate risks in their accounting, and will soon target other businesses ...
Thomas Boone Pickens Jr. (May 22, 1928 – September 11, 2019) was an American business magnate and financier. Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s.
BP fell short of estimates with its fourth-quarter earnings, ... Y/Y Change. EPS. $0.44. $0.46. $1.07-58.8%. Revenue. $45.75B ... Management anticipates easing margin pressures alongside strategic ...