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

An icon of a facebook f logo. An icon of a digital ... BP CEO Murray Auchincloss. BP (LON:BP) chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm ...

Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake in the British company. Shares in BP rose by as much as 8.2% in early ...

BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

An icon of the Whatsapp messenger app logo. An icon of an mail envelope. A decentered black square over a white square. BP's North Sea ... their reactions. In a letter to staff on Thursday ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil giant BP (BP). This move has stirred up the London market, where ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

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BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...