Elliott Management is pressuring BP for deeper cost cuts, asset sales and leadership changes as the oil giant pivots back to hydrocarbons.

(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...

Notorious activist investor Elliott Management has taken up a £3.8bn stake in BP, becoming the ailing oil major’s third-largest shareholder, according to reports.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the extent its ...

State-owned palm oil producer PT Agrinas Palma Nusantara, established just last March through a spin-off from a state-owned ...

BP seems to be on the right track by abandoning its deliberate path to reduce oil and gas production. Following the leadership change, the company is taking the right steps to bring production ...

The move came after months of relentless pressure from hedge fund Elliott Management, which has demanded big changes to the way Southwest does business since buying a $1.9 billion stake in the ...

'JERA Nex BP will enter the market with a world-class leadership team' said William Lin, executive vice president for gas and low carbon energy at BP.

A group of 48 investors has written to BP Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...