and production was dominated by the Seven Sisters — BP, Gulf Oil, Royal Dutch Shell, Standard Oil Company of California (now Chevron), ExxonMobil, Standard Oil Company of New York and Texaco ...

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

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...

Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...

BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

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

A chamber of commerce in Scotland has called on Rachel Reeves to cut taxes for BP and Shell. (Photo by Leon Neal/Getty Images) Oil giants such as BP and Shell who operate in the North Sea should ...

uel shortages have hit many gas stations operated by Shell Indonesia and BP Indonesia in cities across Java. The government blamed the disruption on delayed import shipments. “There are private ...

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be numbered.

Oil giants such as BP and Shell, who operate in the North Sea, should be given significant tax breaks to help protect the UK against Donald Trump’s escalating trade war, Chancellor Rachel Reeves has ...