BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a "significant" stake in the British oil giant.

Hollywood legend Kevin Costner ruminates on President Teddy Roosevelt in the new Fox Nation limited series 'Yellowstone to ...

BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...

Activist investor Elliot Investment Management has built up a stake of more than $2.5B in Phillips 66 (PSX) and plans to push the company to ...

BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per ...

Operationally, divestments and project timing mean 2025 will see production come down, alongside lower volumes in the petrol ...

Despite this disappointing performance, market attention is shifting away from the earnings themselves and focusing more on the company’s future direction” – Mark Crouch, eToro analyst ...

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

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space. The Wall Street Journal reported that Elliott, which had ...

The British oil and gas giant's Chief Executive Murray Auchincloss said the company would continue to reshape its portfolio and has made strong progress in cutting costs. BP now plans to change its ...

Activist investor Elliott Investment Management has built a stake in London-listed oil major BP , a person familiar with the issue said, boosting shares to their highest since August in early trade on ...