British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset. "Having fundamentally ...

The International Chamber of Commerce (ICC) International Court of Arbitration found that Venture Global breached its ...

BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...

BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its ...

"We are taking all necessary steps to ⁠support our partners and ensure the safety ​of our people," a BP spokesperson told Reuters.

Stream NBC 5 for free, 24/7, wherever you are. BP shares were whipsawed Wednesday as investors reacted to reports that the oil major might be acquired. BP shares jumped more than 10% to a session high ...