The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., ...

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the energy giant said chair Helge Lund is stepping down.

Stock futures pointed to further losses as investors continue to digest the fallout of President Trump's tariff day . Investors ramped up bets on significant rate cuts this year, expecting action from ...

The Amazon Kindle delivers a superb reading experience, with access to an expansive library of e-books. It offers an incredibly portable design too, allowing you to catch up on your latest read ...

Shell chairman Andrew Mackenzie can’t escape Elliott Investment. Jooney Woodward It means the hedge fund now owns 0.5 per cent of the oil giant – the biggest short position it’s disclosed ...

Elliott Investment Management has made headlines once again—this time by revealing a short position worth approximately £850 million against Shell, the largest publicly disclosed wager against the oil ...

The activist investor's move is the biggest bet against Shell in nearly a decade, per The Times of London. And it's happening after it built up a 5% stake in rival BP.

NYSE-listed shares of British oil and gas major Shell PLC (SHEL) traded nearly 1% lower on Friday after activist investor Elliott Investment Management reportedly took a short position of £850 million ...

Shell PLC (NYSE: SHEL) is in focus this morning after activist investor Elliott Investment Management announced a sizable short position in the British oil major. Elliott has built an £850 million ($1 ...