For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

Elliott Investment Management is demanding BP (BP) make significant cost cuts and divestments to strengthen its future as a standalone company, ...

Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...

Elliott, led by boss Paul Singer (pictured), is expected to push BP to cut renewables and make big divestments to address its ...

By Svea Herbst-Bayliss NEW YORK (Reuters) -When Elliott Investment Management buys into a company to agitate for change, ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source ...

New York's utility regulator on Thursday granted a unit of Norwegian energy firm Equinor permission to build and operate ...