Eight OPEC+ countries will increase output by 411,000 barrels a day next month, prompting oil prices to fall further. The leading bid for Citgo favors creditors whose collateral rights over the ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the ...

Mondee, the booking platform for travel agents, on Friday said that it has been acquired and has exited Chapter 11 bankruptcy ...

WTI crude oil prices experienced significant selling pressure following the U.S. announcement of sweeping tariffs, as traders ...

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Pressure had been building around board and c-suite following involvement of activist investor Elliott and long-standing ...

A rapidly escalating trade war has socked stocks as investors weigh the fallout from President Trump’s tariff barrage.

Activist investor Elliott Investment Management has nominated four directors for Phillips 66 (PSX), escalating its proxy ...

BP Plc Chairman Helge Lund plans to step down as the struggling oil major pivots away from the net zero strategy he championed amid pressure from Elliott Investment Management.

The Trump administration's deadline to sell or shut down TikTok is Saturday. The move comes after demands by the federal government to identify potential cost cuts to existing projects. Shares of Bank ...

British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from ...

Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66’ board of ...