Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and ...

Auchincloss has pledged a root-and-branch overhaul of BP's strategy. The company is in crisis after it revealed profits ...

Merging BP and Shell isn’t a completely mad idea, says Yawen Chen in Breakingviews. Even modest savings from eliminating ...

“Boy, his hat is crises!” said Bob Dudley, former BP CEO and a mentor to Auchincloss. “I always said to Murray: management ...

But thinking these challenges will simply fade away over time is bold. Brexit taught us that checks and balances can be ignored relatively easily. The president may have backed away from an initial ...

Nearly 50 major investors in BP have called on the oil giant to let them vote on potential plans to scrap its climate goals.

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 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 ...

Chairman Helge Lund calling for a shareholder vote on any plans the company has to row back its climate goals, setting up a potential clash with activist hedge fund Elliott Management, the Financial ...

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 ...