Shares in BP, the oil company that has lagged behind rivals Exxon and Chevron for years, jumped after activist investor ...

U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program. Elliott is said to have amassed an £850 ...

BP shares rise after Elliott reveals 5% stake, presses for spending cuts and renewed oil focus, challenging the company’s ...

BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling ...

Elliott’s involvement has reignited talk of a mega-merger, even as market uncertainty clouds the company’s outlook.

Activist investor Elliott Management has urged BP to boost its free cash flow by an additional 40% through significant ...

The Financial Times reported that Elliott Management, an activist investor, has urged BP a 40% increase in its free cash flow through spending cuts.