BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

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

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.

(Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled ...

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major.

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

BP shares surged in early trade on Monday after the activist investor Elliot was reported to have taken a significant stake ...