UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, but whether the company’s leadership can deliver it to the ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major because the company needs to make meaningful changes. “Any shift in ...

[Stay on top of transportation news: Get TTNews in your inbox.] BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...

Feb 18 (Reuters) - Oil major BP (BP.L), opens new tab is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported ...

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. The activist ...

MANILA – Veteran digital journalist Arlene Burgos has been hired as chief content officer (CCO) of INQUIRER.net, the online arm of the Inquirer Group of Companies. She takes up the new position ...

(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a deal, Bloomberg News reported on Tuesday, citing people ...

Feb. 26 (UPI) --BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of the company's reset after recent lackluster economic performance.

(Bloomberg) — BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential sale of its lubricants business, according to people familiar ...

BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a potential sale of its lubricants business, according to sources familiar with the ...

The White House on Tuesday afternoon identified Amy Gleason as the acting leader of DOGE, which has been pushing agencies to fire employees, cancel contracts and make other budget cuts.