General view of the BP sign and a gas station mark on January 22, 2024 in Southend, Great Britain.
John Keeble Getty Images News Getty images
Bishop shares jumped to the open market next weekend Reports This activist investor Elliott Management has built a participation in fighting oil and can put pressure on an energy company to change runs to basic oil and gas companies.
BP shares increased by 7.14% by 8:41 time in London.
The company refused to comment on reports that do not specify the size of the participation input by Paul Singer's hedge fund. CNBC contacted Elliott Management for a comment.
British Oil Major, who is to reveal his results in the fourth quarter on Tuesday, last month commercial update A warning about higher corporate costs, the lower fourth quarter was realized by refining margins and one -off fees related to the takeover of bioethanol.
This Breaking News is updated.