Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units ...

BP may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say ...

By Shadia Nasralla (Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending ...

Aker BP ASA is down 23% YoY, more than the S&P Global index, probably due to its growth factor and its exposure to the oil price. Production is expected to dip until 2027 due to field maturity ...

British energy company BP discovered oil off the US Gulf Coast. This follows BP's decision to prioritize fossil fuels. The discovery is at the 'Far South' prospect. BP plans to increase ...

Elliott Investment Management has built up its stake in BP Plc to just over 5% of shares, as the activist investor increases its pressure campaign at the struggling oil giant. The holding ...

CRISIS, AND BUSINESSES THREATENED 15 YEARS AGO. THE BP OIL SPILL HAPPENED. IT’S STILL CONSIDERED ONE OF THE WORST ENVIRONMENTAL DISASTERS THAT THIS COUNTRY HAS EVER SEEN. THE OIL GIANT PAYING ...

Additionally, Jefferies highlighted that, “BP’s success in Rumaila (40% production growth in similar geological reservoir) anchors ONGC’s outlook.” Jefferies on ONGC: Robust production ...

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures. BP is increasing oil and gas spending by 25% and Shell is prioritizing LNG ...

Baghdad has fully ratified a contract with BP PLC for oil and gas redevelopments and potential exploration in Kirkuk province, the company said. The agreement, laid out last year, provides for re ...

(Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost reductions, ...

Elliott Management has increased its stake in BP (BP) to more than 5% and is urging the energy group to increase its free cash flow by an additional 40% through steep cuts to spending, The ...