Elliott declined to comment and BP did not immediately respond to a Reuters request for comment. Last week, Reuters reported that Elliott is pushing the oil company to take radical action to ...

The Reserve Bank of New Zealand has cut its benchmark interest rate by 50 basis points to 3.75%, in an effort to boost ...

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production ...

LONDON, Feb 14 (Reuters Breakingviews) - BP (BP.L), opens new tab has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and a ...

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Operating cash flow decreased 20.8% to $7.43 billion. BP fell short of estimates with its fourth-quarter earnings, pointing to ongoing challenges amid its energy transition. BP is a major player ...

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

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