Activist investor Elliott Management disclosed a stake of about 3.8 billion pounds ($4.75 billion) in BP , making it the oil ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their shortcomings, backed by ...

An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

Murray Auchincloss, BP's CEO, plans a strategic overhaul following a significant 35% drop in annual profits, partly driven by Elliott Investment Management's stake and rising pressures. BP's profit ...

BP CEO Murray Auchincloss announced plans to reset the company's strategy after a 35% decrease in annual profits, missing ...

BP CEO Murray Auchincloss pledged on Feb. 11 to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.

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

We recently published a list of 10 Important News Updates Investors Shouldn’t Miss. In this article, we are going to take a look at where BP p.l.c.