BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

As an activist investor takes a substantial holding in BP, Andrew Mackie assesses what it will take to energise the share ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...