BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's ...

The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in ...

(Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost ...

More recently, Elliott has been pushing British oil giant BP (BP) to divest some of its businesses and Phillips 66 (PSX) to sell its midstream assets. Elliott's stake in Honeywell tipped the ...

Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...

As Elliott Investment Management pressures BP Plc to abandon its renewable-energy ambitions, ESG fund managers can’t agree on how to treat the UK oil giant. BP’s pledge to beef up investments ...

(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...

BP share price upward momentum has receded as the excitement around its rumoured takeover cools down. The stock has declined by 3% in the last five sessions, but is still up by 11% for the month. It ...

Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on whether the BP stock would continue to decline after losing close to 30% over ...

Elliott has met with more than 20 investors who are among BP's largest active shareholders, the source said. Reuters reported in March that Elliott had discussed the need for deeper spending and ...