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

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

The struggling British energy company has seen its rivals streak ahead after it bet big on clean energy.

This latest scaleback comes as BP faces pressure from activist investor Elliott Management, which reportedly took a 5% share ...

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 fossil fuel production.

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 ...

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

BP today unveiled a massive strategy U-turn with a new emphasis on oil and gas investment and a massive downgrade of its ...

BP's U.S.-listed shares are rising 6% Monday following reports that activist hedge fund Elliott Investment Management has ...

BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.