Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to improve accountability, a source ...

Elliott Investment Management has built up its stake in BP Plc to just over 5% of shares, as the activist investor increases its pressure campaign at the struggling oil giant. The holding ...

LONDON, April 23 (Reuters) - BP (BP.L), opens new tab may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say, adding that would ...

Mexico’s new refinery, Olmeca, exported in early April the first cargo of ultra-low sulfur diesel (ULSD) as the refinery is slowly starting up processing of fuels, a source with knowledge of ...

Aker BP ASA is down 23% YoY, more than the S&P Global index, probably due to its growth factor and its exposure to the oil price. Production is expected to dip until 2027 due to field maturity ...

Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...

CRISIS, AND BUSINESSES THREATENED 15 YEARS AGO. THE BP OIL SPILL HAPPENED. IT’S STILL CONSIDERED ONE OF THE WORST ENVIRONMENTAL DISASTERS THAT THIS COUNTRY HAS EVER SEEN. THE OIL GIANT PAYING ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

Activist investor Elliot Investment Management increased its stake in supermajor BP to above 5% as part of its strategy to force greater change at the operator. BP notified investors on Tuesday ...

A highly selective aldosterone synthase inhibitor, lorundrostat, showed promise for blood pressure reduction in a double-blind randomized phase IIb trial. Participants with uncontrolled and ...

Rand Refinery also advances skills development for learners living with disabilities in Ekurhuleni, which enables them to enrol into the Silver and Gold Mentorship Programme.