BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

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 ...

Norwegian oil exploration and production company Aker BP , built from a series of mergers and acquisitions in the last decade ...

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

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

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

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

Warren Buffett is a big investor in the oil business, and BP's performance has been attracting investor attention in results ...

By Arunima Kumar (Reuters) -BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it ...

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...