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 ...

HSBC analyst Kim Fustier raised the firm’s price target on BP (BP) to 480 GBp from 460 GBp and keeps a Hold rating on the shares. The firm ...

The oil giant is expected to go back on a promise to reach net zero carbon emissions by 2050 at a strategy meeting next week.

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 ...

BP Plc, in which activist investor Elliott Investment Management has built up a nearly 5% stake, is considering a potential ...

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

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

BP (bp) is contemplating the sale of its Castrol lubricants business, a move that could value the unit at approximately $10bn ...

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 ...