Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged ...

The report by campaign group Global Justice Now show that the combined total of Shell and BP’s profits over 2024 amount to ...

BP plans to "fundamentally reset" its strategy and focus on improving shareholder returns, amid pressure from investors and ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.

BP shares surged to the top of the FTSE 100 this morning following the news activist hedge fund Elliott had built a position ...

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

A four-year low for BP quarterly profits today heightened the focus on the oil giant’s plans for a major strategy reset.

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.

Operationally, divestments and project timing mean 2025 will see production come down, alongside lower volumes in the petrol ...

Despite this disappointing performance, market attention is shifting away from the earnings themselves and focusing more on the company’s future direction” – Mark Crouch, eToro analyst ...

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...