(Reuters) -Activist investor Elliott Management has urged BP to boost its free cash flow to $20 billion by 2027 from around $8 billion last year through significant spending cuts and cost ...

More recently, Elliott has been pushing British oil giant BP (BP) to divest some of its businesses and Phillips 66 (PSX) to sell its midstream assets. Elliott's stake in Honeywell tipped the ...

When engineers prepare to drill for oil, they know the spot deep underground where the well must end and can choose their ...

(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...

Activist investor Elliott Management has declared a stake of over 5% in BP and has urged the company to boost cash flow via spending cuts. “Eight weeks ago, we announced a fundamentally reset ...

Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...

Elliott has met with more than 20 investors who are among BP's largest active shareholders, the source said. Reuters reported in March that Elliott had discussed the need for deeper spending and ...

The move came after months of relentless pressure from hedge fund Elliott Management, which has demanded big changes to the way Southwest does business since buying a $1.9 billion stake in the ...

Elliott, some investors want deeper change at BP, sources say Cost cuts, potential board change among options, sources say BP says it has received 'widespread support' from investors March 21 ...