Activist hedge fund Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut ...

Lightsource BP, a unit of British oil giant BP , announced on Thursday its entry into the Japanese renewable market with the acquisition of a 15 megawatt peak(MWp) solar project in northern island of ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their shortcomings, backed by ...

The United Kingdom is often an overlooked yet key player in the conflict between Armenia, Artsakh (Nagorno-Karabakh) and ...

BP's fourth-quarter profit fell 61% to its lowest level since 2020.

The bizarre find whipped several viewers into action to try to find logical explanations for what the discovery means.

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...