In the fourth quarter, Shell nudged up its dividend to $0.3580 and Shell CEO Wael Sawan launched a $3.5bn share buyback for ...

It was a week when oil prices jumped broke its losing streak, while natural gas futures continued the southward journey. The headlines revolved around oil biggies BP plc BP and Diamondback Energy’s ...

An activist investor upped its stake to more than 5% in BP and is seeking cuts. BP, which operates the BP Whiting Refinery ...

BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling ...

BP shares rise after Elliott reveals 5% stake, presses for spending cuts and renewed oil focus, challenging the company’s ...

BP may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say ...

The Financial Times reported that Elliott Management, an activist investor, has urged BP a 40% increase in its free cash flow through spending cuts.

(Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around ...

Elliott’s involvement has reignited talk of a mega-merger, even as market uncertainty clouds the company’s outlook.

Long-suffering shareholders in oil giant BP have been pushing for change. It won’t come soon enough, says Matthew Lynn ...

BP will seek to close the valuation gap of its stock price against its peers in the sector, chief executive Murray ...