Elliott Investment Management, one of BP's largest shareholders, on Monday called on the energy giant's new chairman Albert ...

Major BP (NYSE:BP) shareholder Elliott Management wants the company's incoming chairman to urgently improve the cost base and ...

BP has been accused of “chronic underperformance” by US hedge fund Elliott as it stepped up pressure on the struggling oil ...

In selling the selection to the City, BP and its advisers have pointed to Manifold's stellar, under-the-radar performance at ...

While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...

BP named outsider Albert Manifold, the former boss of building materials producer CRH , as its new chairman on Monday, as it ...

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...

Elliott Investment Management, which is one of BP Plc’s largest shareholders, wants the energy giant’s incoming chairman to urgently improve the firm’s cost base and capital allocation, citing a weak ...

Though new to the energy sector, Manifold is seen as a capable turnaround executive with experience in portfolio ...

Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’ ...

One Rock Capital Partners, a US mid-market private equity firm, is one of the few remaining bidders for BP Plc’s Castrol ...

The company intends to offload the business for an undisclosed sum to LS Power as part of plan to shed US$20 billion in assets.