Activist Investor Drives BP To Do ‘Fewer Things, With Higher Returns’
Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...
BP CEO, Defending His Reset, Says Company to Be More Focused
BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...
BP shake-up is 'resonating' with investors, insists boss Murray Auchincloss
Pressure is building on Murray Auchincloss (pictured) following reports that activist investor Elliott was disappointed with ...
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BP chief takes more than £2.3m pay cut after slump in profit
BP chief executive Murray Auchincloss took a £2.3 million pay cut last year amid a slump in profit at the fossil fuel giant.
BP Resets to NatGas as Energy Transition Takes a Backseat, CEO Says
BP CEO Murray Auchincloss said the company’s strategic shift will focus on natural gas and “the time has come for the ...
BP says CEO Auchincloss's pay package fell to 5.4 million pounds in 2024
BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on ...
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BP cuts Auchincloss’ salary by 30% on heels of reset strategy
BP revealed on Thursday in its annual report that it cut Auchincloss’ paycheck by 30% in 2024 to £5.4 million ($6.9 million) ...
BP's chief executive takes £2.3m pay cut as the company’s profits slump
This fundamental reset of our strategy demonstrates a clear focus on actions to drive performance improvement and grow cash ...
CERAWEEK Time has come to ramp up U.S. gas output, BP CEO says
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas ...
BP seeks to sell 50% of solar unit to strategic partner, bids due in June
London-listed BP is planning asset sales and partnerships as part of a broader plan to address investor concerns. The energy ...
BP CEO Sees Pay Cut 30% After Profit Miss, Elliott Intervention
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about ...
BP CEO says to ramp up Haynesville basin natural gas output, Reuters reports
At the CERAWeek conference in Houston yesterday, BP (BP) CEO Murray Auchincloss stated “With rising gas prices, the time has come for the Haynesville”, Reuters’ Ron Bousso reports. The company now ...