Saba’s minority stakes in UK investment trusts have a total value of $3.8bn, approximately. Leverage of 3x would be ...

Chevron Versus California The energy giant sank the state's first successful oil well, kicking off a boom that powered California's economy for more than a century. Goodwill has since gone dry. Garcia ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

BP saw a sharp decline in profits in in the fourth quarter with a replacement cost (RC) loss of $2bn, down from $1.1bn in Q3.

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

Activist investor Elliott Investment Management has built a stake in London-listed oil major BP , a person familiar with the issue said, boosting shares to their highest since August in early trade on ...

The Special Opportunities Fund (SPE) focuses on discounted closed-end funds, undervalued operating companies, and other ...

Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 4.01%) to $2.5 billion. This puts ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

This latest net income figure was the lowest since the fourth quarter of 2020 during the height of the pandemic, when BP ...