TotalEnergies and Aker BP are seeking an independent review of their stakes in Equinor's Johan Sverdrup oilfield with a goal ...

British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a ...

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

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

BP has been targeted by activist investor Elliott as the oil giant struggles to work out its approach to net zero and ...

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

Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.

BP has been targeted by activist investor Elliott as the oil giant struggles to work out its approach to net zero and ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

AJ Bell analyst Russ Mould said the sharp drop in profit "provided plenty of fodder" for hedge fund Elliott, with BP having ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

A four-year low for BP quarterly profits today heightened the focus on the oil giant’s plans for a major strategy reset.