I warned that the company was on borrowed time. An investor revolt could ensue if the board doesn’t change direction — fast.

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

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

BP Plc’s Greater Tortue Ahmeyim project is set to export its first liquefied natural gas cargo from offshore fields in ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

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

BP (NYSE:BP) is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, in one of the many ...

On this episode of In the City, we discuss what set the stage for Elliott Investment Management’s interest in the embattled ...