BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

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

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

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 ...

BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined ...

At the headquarters of Elliott Management in New York, the hedge fund’s energy team now has T-shirts with “Gulf of America” printed on them, including one with a picture of Donald Trump as a pirate, ...

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

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...

Nearly 50 major investors in BP have called on the oil giant to let them vote on potential plans to scrap its climate goals.