Marketplace6d
Oil giant BP promises a “fundamental reset.” What will that look like?
The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...
BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP vows ‘fundamental reset’ as it retreats from net zero
BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...
BP CEO Says Oil Major’s Big Reset Has Been a Year in Making
BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...
BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
BP promises fundamental reset as Q4 profit hit four-year low
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...
Euro Weekly News6d
BP announces a ‘fundamental’ reset
MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...
GlobalCapital7d
BP’s ‘fundamental reset’ is a blow for sustainable finance
If BP slows its shift to green — or goes into reverse — it will be a cruel setback for sustainable finance. BP is the oil and ...
BP CEO pledges 'fundamental reset' as Q4 profit drops 60%
BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...
Upstream6d
BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
BP outlines strategic reset with focus on refining improvements and upstream growth in 2025
Q4 2024 Management View CEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new final investment decisions (FIDs), such as Kaskida and Tangguh, new access in Iraq ...
Yahoo Finance7d
BP promises fundamental reset as Q4 profit hit four-year low
STORY: A promise of a reset from BP as it reported quarterly profit of $1.17 billion on Tuesday (Feb. 11). The 61% drop in the fourth-quarter compared with the previous year made the results the ...