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 Plc (BP) stock garnered retail attention premarket on Thursday after a report said activist investor Elliott has taken up a nearly $5 billion stake in the company and would push for asset sales. A ...

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

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

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

The FTSE 100 firm reported a 36 drop in profits to £7 billion, as speculation grows that it will turn away from renewables to improve returns.

(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...

The activist hedge fund is looking to boost the oil giant's value by pushing for "transformative measures," per Bloomberg, ...

The reported stake-buying by Elliott has fuelled speculation over strategy changes at the oil giant and an overhaul of its management.

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

Shares in BP rose on reports that activist hedge fund Elliott Management has built up a stake in the British energy major and will push for transformational changes to boost shareholder value.