Energy giant BP's shares have soared after ... While it is unclear what Elliott may want to change at BP, one analyst suggested it could push to split parts of BP's core oil and gas business ...

Elliott Management pushes for transformation at BP. BP sees a decline in upstream ... Contract For Canadian Wildfire Detection The energy giant is planning to streamline its operations and lower ...

Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...

Activist hedge fund Elliott Management has built a stake in British oil major BP BP-1.12%decrease; red down pointing triangle and will push for transformational changes to improve the company’s ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

London (AFP) – British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was cutting thousands of contractor roles to reduce costs.

British energy giant BP on Thursday said it would axe 4,700 staff jobs — about five percent of its workforce — and was cutting thousands of contractor roles to reduce costs. The move is part ...

British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of contractor roles to reduce costs. The move is part of a "multi-year ...

BP is eliminating about 5% of its workforce as the London-based energy giant seeks to reduce costs, CEO Murray Auchincloss told staff Thursday. More cost-cutting efforts are planned this year and ...