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 ...

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

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

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

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

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

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

BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...

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

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...