Oil giant BP braces for shareholder showdown over green strategy U-turn
1. BP faces shareholder backlash over its green strategy reversal. 2. Legal & General and Robeco plan to vote against BP Chair Lund. 3. BP shifted focus back to oil and gas, slashing renewable spending. 4. BP shares down nearly 10% year-to-date amid governance concerns. 5. Elliott Management increases pressure for prioritizing oil investments.