News

BP named a new board chair after activist shareholders pressured the company to move in a new direction. The London-based ...
Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...
Though new to the energy sector, Manifold is seen as a capable turnaround executive with experience in portfolio restructuring and cost discipline. The move comes after BP backed away from aggressive ...
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’ ...
BP has appointed Albert Manifold as its new chairman, selecting the former CRH chief executive to lead the board at a time of ...
More recently, Elliott has been pushing British oil giant BP (BP) to divest some of its businesses and Phillips 66 (PSX) to sell its midstream assets.
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...
BP’s American depositary receipts gained 1.2% in premarket trading. Exxon and Chevron were up 0.3% and 0.2%, respectively.