BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil ...

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

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

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

Shares in BP surged seven percent following the announcement that activist hedge fund Elliott Investment Management had taken a position in the company, though the size of the stake is currently ...