BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

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

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

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

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

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...