(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.

Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.

UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...

Oil futures tallied back-to-back session losses on Thursday, a day after President Donald Trump said that he and President Vladimir Putin of Russia had agreed to begin talks on ending the war in ...

Elliott Investment Management is demanding BP (BP) make significant cost cuts and divestments to strengthen its future as a standalone company, ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

The Financial Times reported that Elliott Management, an activist investor, has revealed a nearly 5% stake in BP. This makes it ...

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

--Activist hedge fund Elliott Management has built up a near 5% shareholding in oil major BP and wants the company to reduce spending on renewables and make big disposals, the Financial Times reports, ...

Notorious activist investor Elliott Management has taken up a £3.8bn stake in BP, becoming the ailing oil major’s ...

Elliott Investment Management expected to use its influence to force supermajor to move away from low-profit renewables ...