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BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor.
The British oil and gas giant's Chief Executive Murray Auchincloss said the company would continue to reshape its portfolio and has made strong progress in cutting costs. BP now plans to change its ...
BP reported quarterly profit of $1.17 billion on Tuesday, higher than expected, but the lowest in four years, while the ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...