US activist hedge fund Elliott has made a move on troubled energy giant BP, a development that has driven the Telegraph into ...
BP faces mounting pressure from activist investor Elliott to overhaul its strategy and divest assets for better performance.
Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...
(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.
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...
The FTSE 100 firm reported a 36 drop in profits to £7 billion, as speculation grows that it will turn away from renewables to improve returns.
BP plans to "fundamentally reset" its strategy and focus on improving shareholder returns, amid pressure from investors and ...
We recently published a list of 10 Important News Updates Investors Shouldn’t Miss. In this article, we are going to take a ...