Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.

Murray Auchincloss, BP chief executive On a statutory basis, BP saw replacement cost profits tumble to 750 million US dollars (£607 million) last year from 16.18 billion US dollars (£13.1 ...

BP has shifted its strategy back to oil and gas production under new CEO Murray Auchincloss, aiming for 2.5 million bpd by 2030. Click to read why BP is a Buy.

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund Elliott Management is pushing for change at the company.

BP’s CEO Cut His Teeth on Crisis — Now He Faces the Toughest Test Yet Strategy ‘reset’ promised by Murray Auchincloss is a make-or-break moment for the energy giant Facebook ...

BP to boost oil and gas spending by $10B, slash renewable investment in major strategy shift BP CEO Murray Auchincloss pledges 'unwavering focus on growing long-term shareholder value' ...

Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while reporting disappointing earnings.

BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three sources with ...

(Reuters) -BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations. The drop in ...