BP suffers biggest AGM protest vote in five years

There's a Climate Showdown Ahead for Big Oil Investors

Votes to elect board members of major corporations are typically pro forma affairs. Companies make their recommendations, and shareholders certify it, usually with near unanimity. That wasn’t the case this week at BP’s closely watched annual meeting. On Thursday, nearly a quarter of BP’s shareholders voted against the oil and gas major’s current chairman. It was a stunning rebuke of the company’s management. [time-brightcove not-tgx=”true”] The …

BP slammed for slashing electric car targets which could have 'deadly consequences' for 'thousands of people'

BP slammed for slashing electric car targets which could have 'deadly consequences' for 'thousands of people' - A bombshell new report has warned that BP could contribute to an additional 72,000 heat deaths around the world, after the oil giant decided to scrap a number of net zero pledges, including electric car measures

BP Faces Major Shareholder Revolt Over Climate Strategy

BP has suffered a huge rebellion from its shareholders as the London-listed oil giant’s annual general meeting faces scrutiny of its environmental policy. Nearly a quarter voted against the re-election of outgoing chair Helge Lund at the firm’s annual general meeting. as conflict swirls over BP’s decision to cut back on climate goals. Chief executive Murray Auchincloss has faced mounting pressure to turn around the company’s struggling share pri…

Major shareholder revolt against BP chairman amid climate clash

Outgoing BP chairman Helge Lund received a near 25% vote against his reelection at the UK oil major's annual general meeting in a shareholder revolt. The post Major shareholder revolt against BP chairman amid climate clash appeared first on Energy Voice.

BP suffers biggest AGM protest vote in five years

Quarter of energy company’s investors vote against re-election of outgoing chair Helge Lund

Oil giant BP braces for shareholder showdown over green strategy U-turn

Britain's oil giant recently sought to resolve something of an identity crisis by launching a strategic reset.