BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and as the ...

In early UK corporate news, BP reported a profit decline ahead of a key strategy update later this month. Gambling firm Entain said its chief executive has stepped down after less than six months in ...

BP has posted its lowest earnings in four years after fourth-quarter profit fell to $1.17 billion from $2.99bn in the corresponding period last year on weak margins in its refining business.

For the year, BP ( BP.L) posted underlying cost profit of $8.92bn, down from $13.84bn for 2023. The oil major said that the fall in profits reflected weaker realised refining margins, among other ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled ...

(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...

BP shares jump after activist investor reportedly buys stake BP has seen its shares surge higher after an activist investor reportedly built up a stake in ...

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...

Time may be on TPG's side in its acquisition of Altus Power, as more clarity about President Trump's clean-energy policies down the road may lift the value of renewable-power assets depressed by fears ...

Activist investor Elliott Investment Management has built a stake in London-listed oil major BP , a person familiar with the issue said, boosting shares to their highest since August in early trade on ...

A person with knowledge of the matter said that Elliott Investment Management, an activist firm, has acquired a stake worth over $2.5 billion in Phillips 66.

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...