Showing 13 to 24 of 42 results
Shell Considers Potential Acquisition of BP Amidst Market Volatility
Shell is evaluating a potential acquisition of BP, driven by BP's lower stock price following a Bloomberg report. This follows a period of consolidation in the oil industry in the late 1990s.
Shell Considers Potential Acquisition of BP Amidst Market Volatility
Shell is evaluating a potential acquisition of BP, driven by BP's lower stock price following a Bloomberg report. This follows a period of consolidation in the oil industry in the late 1990s.
Progress
36% Bias Score
Trump Tariffs Trigger \$4 Billion Loss for UK Oil Giants
Britain's top oil firms, BP and Shell, face a combined \$4 billion profit drop in Q1 2025 due to a global oil price slump caused by Donald Trump's tariffs, decreased demand, and increased OPEC+ oil production.
Trump Tariffs Trigger \$4 Billion Loss for UK Oil Giants
Britain's top oil firms, BP and Shell, face a combined \$4 billion profit drop in Q1 2025 due to a global oil price slump caused by Donald Trump's tariffs, decreased demand, and increased OPEC+ oil production.
Progress
52% Bias Score
BP Faces Investor Rebellion After Abandoning Climate Strategy
BP's chair, Helge Lund, faces a shareholder vote of no confidence at the company's annual general meeting on Thursday following its abandonment of its climate strategy, amid investor concerns over falling value and a recent oil discovery announcement. This comes almost 15 years after the Deepwater H...
BP Faces Investor Rebellion After Abandoning Climate Strategy
BP's chair, Helge Lund, faces a shareholder vote of no confidence at the company's annual general meeting on Thursday following its abandonment of its climate strategy, amid investor concerns over falling value and a recent oil discovery announcement. This comes almost 15 years after the Deepwater H...
Progress
60% Bias Score
BP to Sell Stake in Solar Business Amid Investor Pressure
Faced with pressure from activist investor Elliott, BP is seeking to sell a 50% stake in its Lightsource solar business and potentially its petrol stations to raise billions of pounds, marking a strategic shift toward increased oil and gas investments and raising concerns about its commitment to ren...
BP to Sell Stake in Solar Business Amid Investor Pressure
Faced with pressure from activist investor Elliott, BP is seeking to sell a 50% stake in its Lightsource solar business and potentially its petrol stations to raise billions of pounds, marking a strategic shift toward increased oil and gas investments and raising concerns about its commitment to ren...
Progress
40% Bias Score
BP CEO's Pay Cut Follows Green Investment Strategy Abandonment
BP CEO Murray Auchincloss's pay fell 30% to £5.4m in 2024 after the company missed profit targets and abandoned its green investment strategy following pressure from activist investor Elliott Investment Management; the decision not to put the strategic change to a shareholder vote has drawn criticis...
BP CEO's Pay Cut Follows Green Investment Strategy Abandonment
BP CEO Murray Auchincloss's pay fell 30% to £5.4m in 2024 after the company missed profit targets and abandoned its green investment strategy following pressure from activist investor Elliott Investment Management; the decision not to put the strategic change to a shareholder vote has drawn criticis...
Progress
60% Bias Score
BP slashes green investment, boosts fossil fuel spending amid profit concerns
BP announced it will cut its renewable energy investment by 50% to $1.5 billion annually and increase oil and gas investment by 20% to roughly $10 billion, prompting criticism from environmental groups and concerns about its commitment to the energy transition.
BP slashes green investment, boosts fossil fuel spending amid profit concerns
BP announced it will cut its renewable energy investment by 50% to $1.5 billion annually and increase oil and gas investment by 20% to roughly $10 billion, prompting criticism from environmental groups and concerns about its commitment to the energy transition.
Progress
52% Bias Score
Uneven Recovery: Grand Isle Fifteen Years After BP Oil Spill
Fifteen years after the Deepwater Horizon oil spill released 134 million gallons of oil into the Gulf of Mexico, Grand Isle, Louisiana, shows signs of recovery in some areas, like its redfish population, while others, like oyster beds, remain severely damaged, revealing the uneven impact and lingeri...
Uneven Recovery: Grand Isle Fifteen Years After BP Oil Spill
Fifteen years after the Deepwater Horizon oil spill released 134 million gallons of oil into the Gulf of Mexico, Grand Isle, Louisiana, shows signs of recovery in some areas, like its redfish population, while others, like oyster beds, remain severely damaged, revealing the uneven impact and lingeri...
Progress
40% Bias Score
BP Stock Plummets, Activist Investor Pushes for Oil and Gas Focus
BP's stock price has plummeted 32.42% year-to-date, significantly underperforming competitors like Shell and ExxonMobil. This prompted activist investor Elliott Investment Management to take a stake, leading to a strategic reset focusing on oil and gas, job cuts, and a shareholder revolt at BP's ann...
BP Stock Plummets, Activist Investor Pushes for Oil and Gas Focus
BP's stock price has plummeted 32.42% year-to-date, significantly underperforming competitors like Shell and ExxonMobil. This prompted activist investor Elliott Investment Management to take a stake, leading to a strategic reset focusing on oil and gas, job cuts, and a shareholder revolt at BP's ann...
Progress
64% Bias Score
BP Shifts from Green Transition After Activist Investor Pressure
BP's chairman, Helge Lund, is leaving after activist investor Elliott Management pressured the company to increase oil and gas production, derailing its planned 40% reduction in hydrocarbon dependence. This follows the 2023 departure of CEO Bernard Looney.
BP Shifts from Green Transition After Activist Investor Pressure
BP's chairman, Helge Lund, is leaving after activist investor Elliott Management pressured the company to increase oil and gas production, derailing its planned 40% reduction in hydrocarbon dependence. This follows the 2023 departure of CEO Bernard Looney.
Progress
64% Bias Score
BP Cuts Renewable Energy Investment by 70%
BP drastically cut its renewable energy investment from $6.5-7.0 billion to $1.5-2.0 billion annually, prioritizing oil and gas production due to stock performance and investor pressure, despite the projected peak in oil demand around 2030.
BP Cuts Renewable Energy Investment by 70%
BP drastically cut its renewable energy investment from $6.5-7.0 billion to $1.5-2.0 billion annually, prioritizing oil and gas production due to stock performance and investor pressure, despite the projected peak in oil demand around 2030.
Progress
56% Bias Score
BP slashes green investment, boosts fossil fuel production
BP announced it will cut renewable energy investment by over \$5 billion annually and boost oil and gas investment by 20 percent to roughly \$10 billion yearly, reversing previous commitments and drawing criticism from environmental groups.
BP slashes green investment, boosts fossil fuel production
BP announced it will cut renewable energy investment by over \$5 billion annually and boost oil and gas investment by 20 percent to roughly \$10 billion yearly, reversing previous commitments and drawing criticism from environmental groups.
Progress
52% Bias Score
UK Museums Defend BP Sponsorships Amidst Climate Target Abandonment
Facing criticism, the British Museum and Science Museum defended their £50 million and unspecified sponsorship deals with BP, respectively, despite BP abandoning its climate targets to focus on fossil fuel production; environmental groups like Culture Unstained condemned this ethical conflict.
UK Museums Defend BP Sponsorships Amidst Climate Target Abandonment
Facing criticism, the British Museum and Science Museum defended their £50 million and unspecified sponsorship deals with BP, respectively, despite BP abandoning its climate targets to focus on fossil fuel production; environmental groups like Culture Unstained condemned this ethical conflict.
Progress
48% Bias Score
Showing 13 to 24 of 42 results