Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits ...

Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating duplication could add $33 billion to the value of the combined group. But there ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

Nearly 50 major investors in BP have called on the oil giant to let them vote on potential plans to scrap its climate goals.

BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined to the business pages. But in this era of geopolitical complexity, it won’t ...

BP is under siege from Elliott, arguably the world’s most feared activist hedge fund. So far, it’s a story largely confined ...

Boss Murray Auchincloss (pictured) will next week present his plan to investors having promised a 'new direction' for the ...

Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals, setting up a potential clash with activist hedge fund Elliott Management, the Financial ...

Ahead of BP’s capital markets day next week and amid hedge fund Elliott taking a major stake in the oil giant, long-term ...

A group of institutional investors holding a 2.5% stake in BP is demanding a shareholder vote on any fundamental reset of the company's strategy, particularly concerning climate targets.

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

--BP's lubricant business operates under the Castrol brand and could be worth about $10 billion in a deal. The unit is among the assets that Elliott has identified for potential disposals and the ...