BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor.

BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor ...

BP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking ...

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one of the world’s most aggressive activist investors.

BP Plc’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one ...

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

US investor could force UK oil company to refocus on core fossil fuels business or even pursue a full break-up ...

Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the British oil major struggles to win back investor confidence and reverse ...

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

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...