Here's the latest in the Phillips 66 proxy battle, including why the investor changed its stance on one of the directors.
Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the ...
Find insight on BP and more in the latest Market Talks covering energy and utilities. Eight OPEC+ countries will increase output by 411,000 barrels a day next month, prompting oil prices to fall ...
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WTI crude oil prices experienced significant selling pressure following the U.S. announcement of sweeping tariffs, as traders ...
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Activist investor Elliott Investment Management has nominated four directors for Phillips 66 (PSX), escalating its proxy ...
Pressure had been building around board and c-suite following involvement of activist investor Elliott and long-standing ...
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BP Plc Chairman Helge Lund plans to step down as the struggling oil major pivots away from the net zero strategy he championed amid pressure from Elliott Investment Management.
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from ...