BP Promises Big Changes After Attracting An Uninvited Guest
1. BP announces a 'new beginning' to enhance performance and competitiveness. 2. Elliott Investment Management acquired a significant stake, indicating potential changes. 3. Past safety failures and management issues have hindered BP's competitiveness. 4. A breakup of BP may open doors for acquisition, particularly by Shell. 5. BP's market cap is significantly lower compared to peers like Shell.