Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...
Notorious activist investor Elliott Management has taken up a £3.8bn stake in BP, becoming the ailing oil major’s ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...
BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...
The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.
“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...