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

BP and Shell profits in 2024 more than double the UK’s climate financial commitments, new figures show. The report by ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...

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

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...