The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

LONDON (Reuters) - Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press ...

LONDON (Reuters) - Shares in BP (NYSE:BP) rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management ...

Reuters said the size of the stake was not disclosed. The report sent BP’s shares surging more than 7% in London trading Monday. Elliott is pushing for changes at the British oil major to boost ...

In London, BP shares advanced 7.0%. Elliott Investment Management has built a significant stake and called on the oil major to consider transformative measures, according to Bloomberg. According ...

BP has seen its shares surge higher after an activist investor reportedly built up a stake in the oil giant. Shares in the FTSE 100 firm jumped more than 8% at one stage in Monday morning trading ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

London stocks started the week strongly, driven by BP's significant rise following Elliott Management's stake. The FTSE 100 and mid-cap FTSE 250 both saw gains, amid anticipation of key economic data ...

The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...

Shares in BP rose on reports that activist hedge fund Elliott Management has built up a stake in the British energy major and will push for transformational changes to boost shareholder value.

State-run ONGC on Monday said that BP, which has been roped in as a technical services provider (TSP) for Mumbai High, will start work on increasing the production from the ageing oil and gas field.