Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...

BP Plc shares surged the most since 2020 after one of the world’s most aggressive activist investors built a stake in the ...

(Bloomberg) -- Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its ...

For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

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

Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

Elliott Investment Management is demanding BP (BP) make significant cost cuts and divestments to strengthen its future as a standalone company, ...