BP Plc announced a major pivot back to its core oil and gas business and promised to sell assets and reduce spending, but ...

BP shares fell about 1% in morning trading in London. Auchincloss is set to lay out further details of his plan to revive the ...

BP Plc’s “fundamental reset” on Wednesday is the most highly anticipated strategy shift for an oil major in several years.

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

Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel ...

BP takes the axe to investment in green energy in "shocking" strategy U-turn - Rethink comes five years after BP set ...

BP (BP) will do away with its pledge to reduce oil and gas output and announce at least one major divestment at its investor day on Wednesday ...

The Houston oil giant is abandoning its goal of growing its renewable generation capacity 20-fold by 2030, Reuters reports.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

(Bloomberg) -- Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said.

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as ...