Recharge1hOpinion
BP is ripe for change – but can its leaders deliver?
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
How hedge fund Elliott shook BP from its strategic slump
At the headquarters of Elliott Management in New York, the hedge fund’s energy team now has T-shirts with “Gulf of America” printed on them, including one with a picture of Donald Trump as a pirate, ...
Activist Elliot takes near 5% stake in BP as it pushes to cut spending on renewables and make big divestment
Elliott, led by boss Paul Singer (pictured), is expected to push BP to cut renewables and make big divestments to address its ...
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source ...
Buy5h
Activist Elliott Management third-biggest investor in BP — reports
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.
Cage rattler Elliott may spy big value in a smaller BP
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
NatWest profit tops forecasts, Wood Group flags some Q4 weakness
London open The FTSE 100 is expected to open seven points higher on Friday, having closed down 0.49% on Thursday at 8,764.72.