Activist Elliott Meets BP Investors to Discuss More Changes, Sources Say

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By Sarah Mcfarlane and Shadia Nasralla Elliott, some investors want deeper change at BP, sources say Cost cuts, potential board change among options, sources say BP says it has received ‘widespread support’ from investors March 21(Reuters) – Activist investor Elliott Management has met several large shareholders in BP (BP.L) to try to forge a consensus …

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COMMENTARY: The Shocking Truth About Activist Actions – Irina Slav

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By Irina Slav In 2016, several environmentalist organisations ignited a massive protest against a pipeline project in North Dakota. Some 100,000 people descended on a tiny town in the state, overran it and left it with a bill of $38 million for policing the protests and cleanup. Because they’re environmentalists, you see, and when environmentalists litter, it …

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Green Investors Are Finding Bargains in Trump’s Big Oil Era

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Renewable power assets have now become a buyers’ market Wind, solar are still key to meet rising electricity demand Private infrastructure investors are snatching up green bargains in what’s emerged as a buyer’s market for wind, solar and battery projects. The moves follow a a slump in clean-energy stocks, as US President Donald Trump’s call for …

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Oil Set For Weekly Gain on Iran Sanctions, OPEC+ Plan to Rein in Overproduction

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(Reuters) – Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S. sanctions on Iran and a new OPEC+ plan for seven members to cut output raised bets on tightening supply. Brent crude futures climbed 42 cents, or 0.6%, to $72.40 per barrel by …

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Baker Hughes to Provide Fully Integrated Completions for Petrobras’ Offshore Fields

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New solutions will support remote operations in deepwater fields Technology allows real-time response to evolving well conditions across multiple zones HOUSTON and LONDON, March 20, 2025 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday a major, multi-year fully integrated completions systems contract with Petrobras. The award followed an open tender …

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Vantage Drilling International Ltd. Reports Fourth Quarter and Full Year 2024 Results

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Dubai, March 20, 2025 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (“Vantage” or the “Company”) reported a net gain attributable to shareholders of approximately $55.5 million or $4.17 per diluted share for the three months ended December 31, 2024, based on weighted average shares outstanding, as compared to a net loss attributable to shareholders of …

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