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 ...

LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the London-based ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

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 ...

Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...

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

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

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

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