Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

Elliott Investment Management plans to ramp up pressure on BP (NYSE:BP) after the company's turnaround plan was seen as ...

BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on ...

BP Plc’s “fundamental reset” on Wednesday is the ... with the stakes high after Elliott Investment Management bought up about ...

Elliott Investment Management believes BP's strategy reset lacks urgency and ambition, Bloomberg reports, citing unnamed sources. -- The activist investor, which might hold a nearly 5% stake of BP ...

Renowned as one of the most ruthless of its breed, Elliott is dissatisfied with the strategy laid out by BP boss Murray ...

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor ...

In a highly anticipated strategy update, BP Chief Executive Officer Murray Auchincloss scrapped a plan to pull back from oil ...

BP slashed planned investment in renewable energy and said Wednesday that it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and ...

New York hedge fund Elliott Management is pushing British oil major BP (BP) to abandon all renewable energy projects, it was ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.