The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
U.S. President Donald Trump raised tariffs on steel and aluminum imports on Monday to a flat 25% "without exceptions or ...
BP Plc (BP) stock fell 0.9% in premarket trade on Tuesday after the oil major’s fourth-quarter earnings missed analyst ...
Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 2.83%) to $2.5 billion. This puts ...
Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.
The FTSE 100 firm reported a 36% drop in profits to £7 billion, as speculation grows that it will turn away from renewables ...