Shell’s recent acquisition of LNG trader Pavilion Energy is an example of its targeted, value-oriented approach. However, a ...

SHEL is reportedly assessing a bold takeover of BP, as weak oil prices and activist pressure spark speculation of major ...

Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost reductions, a source ...

Activist hedge fund Elliott Management reported it holds ~5% of voting rights in BP, and wants the company to improve free cash flow by an additional 40% through significant spending cuts.

Explore the recent health scare of Cardinal Parolin, Vatican denials, and the implications for the Papacy in this insightful ...

Analysts attribute BP's decline to three major events in the last two decades: the 2010 Gulf of Mexico oil spill, its 2020 ...

Shell Plc is reportedly exploring a potential acquisition of rival BP Plc, according to Bloomberg, as it monitors declines in BPs stock and oil prices before making a move. Discussions have ...

Activist investor Elliott Management has urged BP to boost its free cash flow by an additional 40% through significant spending reductions, the Financial Times reported on Tuesday. Elliott is urging B ...

BP reports Q1 profit of $1.38 billion, missing forecasts as it resets strategy and contends with lower oil prices and rising ...

Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units ...

BP says will update on consequences of Lund vote within 6 months Shareholders unhappy at lack of say on strategy U-turn BP under pressure for more change by Elliott campaign Elliott refrained from ...

The oil supermajor reported an underlying replacement cost (RC) profit of $1.38billion for the three months ending March.