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

British oil giant BP (BP) pledged to “fundamentally reset” its strategy as profits in its Fiscal fourth quarter slid to a ...

Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...