Size of Elliot’s stake in BP is unknown CEO Auchincloss to present new strategy at investor day on February 26 BP has warned of an up to $300 million decrease in quarterly profit Feb 8 (Reuters ...

Feb 6 (Reuters) - BP (BP.L), opens new tab plans to sell its BP Gelsenkirchen refining site in Germany, it announced on Thursday, as CEO Murray Auchincloss pushes on with plans to cut costs by at ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil giant BP (BP). This move has stirred up the London market, where ...

Activist hedge fund Elliott Management has built a stake in BP (BP) and plans to push for transformational changes to improve the company’s performance, Jenny Strasburg of The Wall Street ...

BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the company promised to reset its strategy, after news broke at the weekend that ...

EL PASO, Texas (KVIA) -- Walter N. Slosar was named Interim Chief Patrol Agent for the U.S. Border Patrol El Paso Sector. He assumed the role February 2, 2025. Slosar graduated from the U.S ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

Energy giant BP is to cut 4,700 jobs from its workforce across the globe and 3,000 from its contractor, making a total of 7,700. The company employs some 90,000 employees worldwide. Its chief ...