Ever since John Browne vowed to turn BP green some 25 years ago, the British oil giant has experienced a series of embarrassing mishaps. That includes major safety lapses, such as a massive oil ...

BP under pressure to boost returns from Elliott Investment Management Changes to be announced on capital markets day investor update BP's shares have underperformed rivals Feb 24 (Reuters) - BP's ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...

British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas production LONDON -- British energy company BP confirmed Wednesday that it would slash ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said. The activist ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...

Chris Hughes is a Bloomberg Opinion columnist covering deals. Previously, he worked for Reuters Breakingviews, the Financial Times and the Independent newspaper. Elliott Management Corp.

BP’s share price has gained 7.5% over the past six months, a surprising fact given its torrid financial performance over that period. BP’s Q4 results announcement this morning (11 February ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP could be forced to change its management, list in the US or even break up after the activist hedge fund ...

(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people ...

Times have changed. As shares in UK oil group BP sank to a two-year low last November the activist investor was already busy building what has grown into a near-£3.8bn stake in the troubled company.

The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its profits fell by more than a third last year. Investors who have called for the energy giant to tear up ...