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 ...

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

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

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