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 plans to hire two more directors to help deliver its reset oil-and ...

BP’s chair Helge Lund now looks to respond to investor pressure, especially from activist investor Elliott Management, to strengthen the board. The UK-based supermajor is considering raising the ...

BP announced Friday it will sell its entire U.S. onshore wind portfolio to LS Power, according to Benzinga. The move is part ...

BP (BP) appointed David Hager—a veteran of the U.S. oil and gas industry, as a non-executive director effective June 2, 2025.

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.

BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results. Lund announced this week that he planned to step down likely ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

BP Revises Strategy, Prioritizes Profits Over Green Transition. 1w. ... Furthermore, the rapid expansion of renewable energy space also poses a risk to BP’s shareholders in the long run.

BP (NYSE:BP) announced that Chairman Helge Lund intends to step down from his role, likely during 2026. The energy company has initiated a succession process to identify his replacement, led by ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.