Oil & Gas 360º

MARCH 4, 2025

BPs chair Helge Lund now looks to respond to investor pressure, especially from activist investor Elliott Management, to strengthen the board. It wasnt immediately clear whether BP has consulted on possible new hires with Elliott Management, which has demanded changes in strategy or even board reshuffles.

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Valor

FEBRUARY 24, 2025

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2

Barrel 52

Barrel Energy Energy Oil 52

Rextag

FEBRUARY 13, 2025

This comes amid reports that activist hedge fund Elliott Management has taken a stake in the British oil major, potentially pressuring the board and executives for higher shareholder returns. Elliott Managements rumored stake in the company has fueled speculation. From Looney to Auchincloss: Continuity or Clean Break?

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Oil Gas Exploration and Production IT 40

Rextag

MARCH 3, 2025

million barrels per day by 2030. Investor Demands for Stronger Financial Performance BP has faced pressure from activist investor Elliott Management, which took a $4 billion stake in the company to push for higher returns. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

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Oil Gas Energy Energy 40

Rextag

FEBRUARY 17, 2025

If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. trillion in clean energy investments per year by 2030, but this assumption ignores financial realities. Jet fuel demand will continue rising well beyond 2030. The IEA forecasts $4.5

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Oil Completion Energy Energy 40