BP’s new Chair, Albert Manifold, has told employees the company must accelerate its pivot back to oil and gas while simplifying a portfolio he described as “overly complex.” In an internal memo seen ...
Could the company once called British Petroleum make America its new home? The rationale is straightforward: U.S. integrated oil companies trade at a premium to their European rivals, and there also ...
New BP Chair Albert Manifold told employees this week that the group's portfolio was "overly complex" and it needed to execute its strategy of shifting focus back to oil and gas faster, according to ...
BP Plc has transferred a portion of its UK pension pot to an insurer, the latest move by a major British company to offload risks related to retirement payments. Legal & General Group Plc will manage ...
BP’s generous cash returns might be the price of bucking the oil-and-gas industry trend. The stock rose around 5% in U.S. and U.K. trading after new Chief Executive Officer Murray Auchincloss ...