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

Elliott Investment Management nominated seven directors to Phillips 66's board, laying the groundwork to push for changes ...

The valuation of the Castrol business is estimated at $6bn–8bn, as noted by investment banking firm Panmure Liberum. Saudi ...

The BP board is braced for a string of hardline demands from Elliott Management, the hedge fund that has taken a stake in the ...

BP is expanding its board by adding two new directors to strengthen its focus on oil and gas production and enhance shareholder returns, following its recent strategic shift.

BP has been exploring all options around its Castrol business, including a possible sale, as part of a strategic review. The ...

Activist investor Elliott Investment Management, which had bought about 5% of the oil major, is ramping up pressure on the company’s management after the new strategy fell short of its expectations.

Liquefied natural gas (LNG) has been a bright spot in recent months. The United States is already the world's largest LNG exporter, and producers have plans for a massive expansion. Trump's reversal ...

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