Pressure is building on Murray Auchincloss (pictured) following reports that activist investor Elliott was disappointed with ...

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BP said Ian Tyler will join the board as nonexecutive director and will chair the remuneration committee. Tyler's appointment is effective April 1, and he will help the oil and gas major deliver its ...

Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be worth £160bn in five years ...

BP Plc Chief Executive Officer Murray Auchincloss said he slept “like a baby” after unveiling the oil major’s turnaround program, confident that he could overcome a lukewarm reception from ...

Elliott Investment Management plans to ramp up pressure on BP after the company's turnaround plan was seen as lacking in ...

Auchincloss and Chairman Helge Lund, who was a key backer of the company’s now-criticized net zero strategy, could come under particular pressure. Representatives for Elliott and BP declined to ...

US-based activist investor Elliott, run by notorious New York hedge fund tycoon Paul Singer (right), has built a nearly £4bn stake in BP.

“This is all in service of sustainably growing cash flow and returns.” BP chair Helge Lund said the shift was taken with the support of the board, and in keeping with global trends. “Over the past 12 ...

If Elliott is unsatisfied with BP’s moves, the hedge fund may push for board and management changes, people familiar with the matter told Bloomberg earlier this week. Chairman Helge Lund ...