CNBC's Andrew Ross Sorkin reports on the latest news.

BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil ...

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in ...

Elliott Investment Management has acquired a significant $2.5 billion stake in U.S. oil refiner Phillips 66. The activist investor is advocating for operational changes, including selling or spinning ...

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Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...

Resource Resolutions, backed by former Shell chair Chad Holliday and former Anglo American chief executive Mark Cutifani, aims to help facilitate dialogue between warring parties to help resolve ...

Energy major BP reported on Tuesday a quarterly profit of $1.17 billion, much less than expected and the lowest in four years ...

Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.

The chief executive of BP has vowed to 'fundamentally reset' the group's strategy after its annual profits fell by more than ...

Operationally, divestments and project timing mean 2025 will see production come down, alongside lower volumes in the petrol ...

Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.