Shares in oil giant BP (BP) slipped lower today as it looks to continue its shift back towards fossil fuels by hiring two new ...

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 after the company's turnaround plan was seen as lacking in ...

the news of its position has fueled talk of an overhaul of BP, its strategy and the company’s board of directors. Elliott Investment Management is one of the world’s most aggressive activist ...

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

Shares in BP surged seven percent following the announcement that activist hedge fund Elliott Investment Management had taken a position in the company, though the size of the stake is currently ...

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 ...

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 ...

BP has announced a major strategic reset, increasing its investment in upstream oil and gas to $10 billion annually while ...