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 ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

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 ...

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

Thus, compared to several competitors (BP, Shell, Exxon) that have shown their caution on refining margins for Q4, we highlight the improvement of this indicator (which we have also seen in ...

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

The forecourt operator reported the strong growth following investment in site expansion, food to go and technology ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Sawan said Shell will in March update its ‘strategy to deliver more value with less emissions’. The company last year booked a significant write-down owing to a shelved biofuels project in the ...

The lengthy testing and optimising process before commercial operation has led to contract disputes with customers, including BP, Shell and Italy's Edison, over non-receipt of contracted cargoes.

However, delays in commercial operations have caused contract disputes with customers, including BP, Shell and Italy's Edison, over missed cargoes.