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

(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, ...

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, ...

Elliott, led by boss Paul Singer (pictured), is expected to push BP to cut renewables and make big divestments to address its ...

Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...

Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source ...

BP Plc (BP) stock garnered retail attention premarket on Thursday after a report said activist investor Elliott has taken up ...

BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...

The Financial Times reported that Elliott Management, an activist investor, has revealed a nearly 5% stake in BP. This makes it ...

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...