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

Elliott Management and BP have declined to comment on the reports, which do not specify the size of any potential stake accrued by Paul Singer's hedge fund. The British oil major, ...

Elliott also backs BP's independent strategy and did not propose a merger, according to the source. BP said that it will be laying out a fundamental reset of its strategy on February 26.

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

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 ...

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

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 ...

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

In selling the selection to the City, BP and its advisers have pointed to Manifold's stellar, under-the-radar performance at ...

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

BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...