Shares in BP, the oil company that has lagged behind rivals Exxon and Chevron for years, jumped after activist investor ...

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 ...

Activist investor Elliott Management is pushing oil and gas giant BP PLC (BP) to increase its annual free cash flow to $20 ...

At BP’s investor day in February, chief executive Murray Auchincloss promised a “fundamental reset” of BP’s strategy. He said the company would cut spending on green energy by 70 per cent and sell ...

Shares in BP PLC (LON:BP) jumped 4.5% in London on Wednesday after Elliott Investment Management raised its stake in the British oil and gas giant to just over 5%, intensifying its campaign to ...

Elliott’s proposal reportedly includes paring annual capital expenditure to $12 billion, below BP’s revised $13–15 billion ...

Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion ...

Oil prices have seen a slight increase due to new U.S. sanctions on Iran and a stronger U.S. equity market, though concerns ...

Changing its language around what it can invest in raises serious questions over the bank’s formerly-pioneering green policy, ...

Activist investor Elliot Investment Management increased its stake in supermajor BP to above 5% as part of its strategy to ...