Activist investor Elliott has also urged BP to boost its adjusted free cash flow to $20 billion by 2027 from an oil-price ...

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

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 ...

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 ...

Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...

Bearish flow noted in BP (BP) with 12,178 puts trading, or 4x expected. Most active are 5/2 weekly 27 puts and 5/9 weekly 28.5 puts, with total volume in those strikes near 7,500 contracts.

In a statement posted on its website on Monday, BP announced “an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America”. BP noted in the statement that it drilled the ...

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 ...

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 ...

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 ...

BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company ...