Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

The company, 51% owned by British oil major BP, said profit after tax rose to 2.71 billion rupees (USD 31 million) in the fourth quarter, from 2.42 billion rupees a year ago. Castrol India is ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

Castrol India saw trading in heavy volumes on February 4. Around 1.26 crore shares were involved in active trade, over 6 ...

British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a ...

Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake in the British company. Shares in BP rose by as much as 8.2% in early ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...