Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

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

My interview with BP CEO Bernard Looney yesterday prompted lots of feedback, so I’m following with more. There are two great debates going on right now about investment in oil and gas companies.

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 ...

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

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

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

Mr Auchincloss was appointed to the top role in January last year, having been acting chief executive since September 2023 following the surprise resignation of Bernard Looney after BP’s former ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...