For now, the shareholder is not going public with its criticism of BP’s strategy. However, their views will add to pressure on Murray Auchincloss, the BP chief executive, as he prepares to ...

The aim is to bring the two oil giants together so they can compete with international rivals such as France's TotalEnergies ...

The size of Elliott’s stake in BP was first reported by the Financial Times. On a call with analysts on Tuesday, chief executive Murray Auchincloss declined to comment on the hedge fund’s activities, ...

The size of Elliott’s stake in BP was first reported by the Financial Times. On a call with analysts on Tuesday, chief executive Murray Auchincloss declined to comment on the hedge fund’s ...

In 2024 alone, its valuation decreased by 17%. In short, maintaining investor confidence is a hard nut for BP to crack. Chief executive Murray Auchincloss this week promised a “fundamental change” in ...

Today (Tuesday), the company reported a drop in profits on both a quarterly and a yearly comparison. In a call with analysts, BP's CEO Murray Auchincloss described the reported move by Elliot ...

BP got significant attention in recent days, due to two major news items. First, we got the news that the company was the target of activist investor Elliott Management. According to reports ...

BP's chief executive Murray Auchincloss is now under huge pressure ahead of a crunch shareholder meeting on February 26. He will be expected to lay out a credible strategy that can put the company ...