Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...

Major BP (NYSE:BP) shareholder Elliott Management wants the company's incoming chairman to urgently improve the cost base and ...

BP has been accused of “chronic underperformance” by US hedge fund Elliott as it stepped up pressure on the struggling oil ...

While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...

BP named outsider Albert Manifold, the former boss of building materials producer CRH, as its new chairman on Monday, as it ...

Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’ ...

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...

Though new to the energy sector, Manifold is seen as a capable turnaround executive with experience in portfolio restructuring and cost discipline. The move comes after BP backed away from aggressive ...

One Rock Capital Partners, a US mid-market private equity firm, is one of the few remaining bidders for BP Plc’s Castrol ...

BP named Albert Manifold as its new chairman on Monday, succeeding Helge Lund. Manifold will take over as chair on October 1.

Update at 3 p.m. Adds response from BP. Elliott Investment Management has acquired a stake in BP (NYSE:BP), Bloomberg reported Saturday, citing people familiar with the matter.

BP (NYSE:BP) +6.7% pre-market Monday, poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company. Elliott ...