While the stock has not outperformed its peers over the past five years, the company has become a potential takeover target for larger firms. Even if a takeover doesn’t happen, the activist investor ...

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...

Though new to the energy sector, Manifold is seen as a capable turnaround executive with experience in portfolio restructuring and cost discipline. The move comes after BP backed away from aggressive ...

BP named a new board chair after activist shareholders pressured the company to move in a new direction. The London-based ...

The UK stock market’s flagship index hit a new high this morning, but with investor confidence in the UK waning, will the ...

Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’ ...

Irishman Albert Manifold (pictured) has been appointed chairman of BP, sparking a muted response from both investors and analysts.

Albert Manifold, the former chief executive of building materials company CRH, will join the BP board in September and take ...

BP on Monday said it has appointed former CRH PLC chief executive Albert Manifold as its next chair, succeeding Helge Lund after a seven-year tenure.

Elliott Management wants BP's incoming chairman to urgently improve the cost base and capital allocation, after naming former ...