UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.
The Financial Times reported that Elliott Management, an activist investor, has revealed a nearly 5% stake in BP. This makes it ...
Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...
Elliott Investment Management expected to use its influence to force supermajor to move away from low-profit renewables ...
(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...
BP's fourth-quarter profit fell 61% to its lowest level since 2020.
Chief Cabinet Secretary Yoshimasa Hayashi said Wednesday Japan has formally asked the United States for an exemption of Trump ...
UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...