BP is considering a potential sale of its lubricants business in a deal that could fetch ~$10B, Bloomberg reports.

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 ...

Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...

For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor Elliott Management ...

A group of 48 institutional investors has called on BP to give shareholders a vote on any plan by the oil major to row back ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...

Lightsource BP development arm secures agreements with likes of Microsoft and Google as investors await new strategy ...

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.