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The energy giant is revamping its board and implementing a new strategy in an attempt to boost its share price.
BP to Expand Board to Help Deliver Strategy Reset, FT Says, Citing Sources Provided by Dow Jones Mar 4, 2025, 8:01:00 AM ...
BP named Albert Manifold, the former boss of building materials producer CRH, as its new chairman on Monday, as it looks to ...
BP named a new board chair after activist shareholders pressured the company to move in a new direction.
Albert Manifold is ‘unknown entity’ in energy who will have to prove he is best person to deliver strategy overhaul and ...
BP’s adjusted net income for the fourth quarter was $1.17 billion, down from $2.99 billion a year earlier and missing the average analyst estimate of $1.3 billion. Net debt fell to $23 billion ...
BP has appointed Irishman Albert Manifold as its new chair, paving the way for Helge Lund to depart after six troubled years ...
BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while significantly reducing spending on clean energy to $1.5-2 billion a year.
The UK-based supermajor is considering raising the number of board members to 13 from 11. One of the new directors would be in charge of oil and gas while the other will head the company’s ...
"Voting against the board is the only way for shareholders to express their dissent over BP's refusal to allow a vote on its strategy U-turn," Mark van Baal, founder of Follow This, said in a ...
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