BP Shareholders Demand Proof That Fossil Fuel Pivot Will Pay
Institutional investors managing £191 billion demand BP disclose project costs, delays, and returns to justify renewed upstream oil and gas focus at upcoming meeting.
7 Articles
7 Articles
BP Shareholders Demand Proof That Fossil Fuel Pivot Will Pay
A group of institutional shareholders in BP, featuring pension funds and an activist investment outlet, has filed a resolution demanding details on how exactly the company’s return to its core business of oil and gas would boost shareholder returns. According to a Reuters report, the group includes the Australasian Centre for Corporate Responsibility, a non-profit entity that invests in energy and mining companies with a view to making them inve…
BP’s pivot back to fossil fuels draws investor pushback
BP’s renewed push into oil and gas is drawing fresh scrutiny from investors who want clearer proof that the strategy will deliver stronger returns, The Wall Street Journal writes. A coalition of pension funds and shareholders has filed a resolution urging the energy giant to provide more detailed disclosure on how increased spending in fossil fuels will create value, arguing BP’s recent strategic “reset” fails to address the root causes of its …
According to an investor group, BP must demonstrate how the decision to prioritise investments in oil and gas creates value for shareholders.
BP stock edges up as activist investors press for proof on oil-and-gas pivot
London, Feb 3, 2026, 08:45 GMT — Regular session BP shares inched up 0.3% Tuesday morning, changing hands near 463.5 pence by 0813 GMT. (fidelity.co.uk) The Australasian Centre for Corporate Responsibility has filed a shareholder resolution alongside pension funds, pressing the company to provide more transparency on its reallocation of spending from low-carbon projects to oil and gas. This resolution is set to be voted on at the annual meeting …
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