Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...

BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...

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

--Elliott Investment Management believes BP's strategy reset lacks urgency and ambition, Bloomberg reports, citing unnamed sources. -- The activist investor, which might hold a nearly 5% stake of BP, ...

British energy giant BP Plc has decided to sell its Indian lubricant subsidiary, Castrol India, as part of a “global ...

The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.

BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion.

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

In a highly anticipated strategy update, BP chief executive Murray Auchincloss scrapped a plan to pull back from oil and gas and pledged to grow production slightly instead. He also cut investment in ...

BP’s major shift in strategy should enable it to achieve very high earnings growth which should power its share price and ...

BP’s shift back to fossil fuels, a move that disappoints environmental campaigners, reflects growing market pressures and ...