The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources and a bigger investment in oil and natural gas production.

U.S. bank executives said on Tuesday they expected policy uncertainty to linger as President Donald Trump's second ...

BP CEO Murray Auchincloss announced plans to reset the company's strategy after a 35% decrease in annual profits, missing ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 4.01%) to $2.5 billion. This puts ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...

BP plans to "fundamentally reset" its strategy and focus on improving shareholder returns, amid pressure from investors and ...

BP PLC shares are trading lower after the company reported fourth-quarter results. Sales and other operating revenues came in ...