Under pressure from an activist investor and a sagging share price, the CEO of energy giant BP pledges to return his company ...

By Andres Gonzalez and Shadia Nasralla LONDON (Reuters) -BP is seeking to sell 50% of its solar unit Lightsource bp to a ...

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

BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

Followers of the drama expect Elliott will hold accountable the BP board members and executives most associated with its 2020 ...

The source said Elliott was not asking for a specific increase in BP's oil and gas investments. Elliott also backs BP's independent strategy and did not propose a merger, according to the source.

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

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 ...

US hedge fund Elliott is demanding BP sell off its petrol stations as it embarks on an aggressive campaign to improve the performance of the oil giant. The BP board is braced for a string of ...

BP is seeking to sell 50% of its solar unit Lightsource bp to a strategic partner for cash and a commitment of future ...

(Reuters) -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 ...