Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s ...
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According ...
BP Plc’s crucial strategy reset, which included a pivot back to oil and promises to sell assets, appeared to win few plaudits ...
Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be ...
BP Plc (BP) garnered retail attention on Thursday after Bloomberg reported that activist investor Elliott Investment ...
US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn ...
Elliott Investment Management plans to ramp up pressure on BP after the company's turnaround plan was seen as lacking in urgency and ambition, Bloomberg reports.
The energy giant said it would cut planned investment in clean energy and redirect spending toward fossil fuels.
BP Plc is set to announce a potential sale of its lubricants business and abandon plans to cut oil and gas output as it ...
While BP has “fundamentally reset” its strategy, markets have not fundamentally reset their views on its value ...
--Elliott Investment Management believes BP's strategy reset lacks urgency and ambition, Bloomberg reports, citing unnamed sources. -- The activist investor, which might hold a nearly 5% stake of BP, ...
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 ...