For most - but not all - shareholders, the number one job of a company's board and management is to maximise the value of the company. BP's failure to do this has led to active speculation that BP ...
BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP now aims to grow oil and gas production. Across the energy sector, major companies that shifted their position in response to the need to lower carbon emissions and curb climate change have ...
and many executives could be out of a job by summer. The company’s capital markets day on Feb. 26 is the most anticipated Big Oil strategy update since, well, BP’s last master plan in 2020.
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