--Activist hedge fund Elliott Management has built up a near 5% shareholding in oil major BP and wants the company to reduce spending on renewables and make big disposals, the Financial Times reports, ...

Notorious activist investor Elliott Management has taken up a £3.8bn stake in BP, becoming the ailing oil major’s ...

Elliott is trying to push the British oil company to cut spending on renewables and make big divestments, the FT report said.

Activist hedge fund Elliott Management has built a stake of nearly 5% in BP (BP), becoming the oil major’s third-largest shareholder, as it ...

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

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 ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

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

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today sent a ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.

(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...