Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...

Major BP (NYSE:BP) shareholder Elliott Management wants the company's incoming chairman to urgently improve the cost base and ...

BP has been accused of “chronic underperformance” by US hedge fund Elliott as it stepped up pressure on the struggling oil ...

BP named outsider Albert Manifold, the former boss of building materials producer CRH , as its new chairman on Monday, as it ...

While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...

Will the appointment on Monday of another Dubliner, former CRH boss Albert Manifold, as incoming chairman help reboot the ...

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...

Elliott Investment Management, which is one of BP Plc’s largest shareholders, wants the energy giant’s incoming chairman to urgently improve the firm’s cost base and capital allocation, citing a weak ...

The company intends to offload the business for an undisclosed sum to LS Power as part of plan to shed US$20 billion in assets.

More recently, Elliott has been pushing British oil giant BP to divest some of its businesses and Phillips 66 to sell its midstream assets. ...

One Rock Capital Partners, a US mid-market private equity firm, is one of the few remaining bidders for BP Plc’s Castrol ...