Crude oil futures gave up early gains and fell for a fourth straight session as continuing trade wars add to concerns about the loss of demand. WTI settled down 1.8% at $59.58 a barrel, and Brent fell ...

Phillips 66 has strongly rejected Elliott Investment Management's proposal to break up the company, arguing that the plan is ...

The oil giant has suffered several years of poor performance since embracing net zero in 2020 under its previous CEO, Bernard Looney.

Helge Lund, its Chairman, will be stepping down after a “fundamental” strategy reset to cut renewable investments & grow fossil fuels ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the ...

The news comes as several multinational corporations are resetting policies that turn them away from an ESG agenda, including ...

BP Chair Helge Lund intends to step down "likely during 2026", the energy group said on Friday amid a campaign by activist ...

BP announced Friday that Chair Helge Lund is being replaced after he notified the company's board that he would step down in ...

WTI crude oil prices experienced significant selling pressure following the U.S. announcement of sweeping tariffs, as traders ...

BP's board begins search for new Chair following Helge Lund's decision to step down, amid pressure from activist hedge fund ...

Pressure had been building around board and c-suite following involvement of activist investor Elliott and long-standing ...

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