US activist hedge fund Elliott has made a move on troubled energy giant BP, a development that has driven the Telegraph into ...

BP faces mounting pressure from activist investor Elliott to overhaul its strategy and divest assets for better performance.

One of BP’s major investors is pressuring the company to ditch its green energy business, adding to pressure on the oil giant ...

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...

BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

My interview with BP CEO Bernard Looney yesterday prompted lots of feedback, so I’m following with more. There are two great debates going on right now about investment in oil and gas companies.

It is nearly five years to the day since Bernard Looney, the then new chief executive of BP, set out a radical strategy for ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

At the heart of BP’s conundrum is a perception that the company is being weighed down by the energy transition-focused strategy pioneered under former chief executive Bernard Looney, which ...