News

Elliott Calls on BP’s New Chairman to Urgently Fix Shortcomings
Elliott Investment Management, which is one of BP Plc’s largest shareholders, wants the energy giant’s incoming chairman to ...
Elliott urges new BP chair to tackle operational underperformance
Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...
Baptism of fire for new BP chairman: Oil giant accused of 'panic appointments'
Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...
BP accused of ‘chronic underperformance’ by hedge fund Elliott
BP has been accused of “chronic underperformance” by US hedge fund Elliott as it stepped up pressure on the struggling oil giant’s board. Activist investor Elliott said the company needed “decisive ...
BP and HSBC’s waiting game
The bank’s FTSE 100 peer BP has had a little more luck with its search for a new chair, which came to a close on Monday. BP is contending with an activist campaign from Elliott Management, a ...
Morningstar4mon
From Southwest to BP, Elliott and other activists are shaking up ...
More recently, Elliott has been pushing British oil giant BP (BP) to divest some of its businesses and Phillips 66 (PSX) to sell its midstream assets.
BP Stock Climbs. New Chairman’s Record Shows How to Make Oil Major More Like Exxon, Chevron.
BP’s American depositary receipts gained 1.2% in premarket trading. Exxon and Chevron were up 0.3% and 0.2%, respectively.