BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

BP's Turnaround Plan Tested by Weak Earnings, Falling Shares. BP Plc’s plan to turn around years of poor performance got off to a rocky start as the first set of earnings since the company’s big ...

Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

BP Plc rose on May 5 after Bloomberg reported that Shell Plc is working with advisers to evaluate a potential acquisition of its U.K. rival. BP’s American depositary receipts climbed 1.9% to $28 ...

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe 600 Energy Index, which rose 0.2%.

The stakes are high, yet BP’s vulnerability could also be the genesis of a true Ben Graham-style value opportunity should the turnaround plan bear fruit. New targets for an energy expansion phase ...

NEW YORK, June 16 (Reuters) - BP's 250,000-barrel-per-day Cherry Point refinery has completed a major turnaround, the company said on Monday. The Cherry Point refinery wrapped up the planned ...