Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...

BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be ...

US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn ...

BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...

Elliott Investment Management plans to ramp up pressure on BP after the company's turnaround plan was seen as lacking in urgency and ambition, Bloomberg reports.

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its ...

BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...

BP has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to ...

While BP has “fundamentally reset” its strategy, markets have not fundamentally reset their views on its value ...