After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

An icon of a facebook f logo. An icon of a digital ... BP CEO Murray Auchincloss. BP (LON:BP) chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm ...

But this is also a standard move from the INEOS playbook. Go in, strip down the asset, and raise profits — it happened at ...

An icon of the Whatsapp messenger app logo. An icon of an mail envelope. A decentered black square over a white square. BP's North Sea ... their reactions. In a letter to staff on Thursday ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake in the British company. Shares in BP rose by as much as 8.2% in early ...

BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil giant BP (BP). This move has stirred up the London market, where ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

A letter from Alice Independent School District has caused a stir for parents and their children after posting a letter to their Facebook page Wednesday, Feb. 5. Alice ISD released the letter to ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...