BP shares have lost nearly a third of their value in a year, which may mean a major buying opportunity has emerged. I ran the ...

BP shares rise after Elliott reveals 5% stake, presses for spending cuts and renewed oil focus, challenging the company’s ...

BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling ...

reducing capital expenditure to $12bn a year rather than the $13bn to $15bn range set out by the company, the people said. Elliott also thinks BP could make $5bn of cost savings beyond its current ...