BP shares jump as activist investor Elliott discloses 5% stake build

1. Elliott Management acquired 5.006% stake in BP, boosting shares by 4.75%. 2. BP plans to invest $10 billion in fossil fuels through 2027. 3. BP reduced emissions targets, shifting focus back to oil and gas. 4. Analysts welcome BP's strategic reset amid trade volatility and crude price fluctuations. 5. BP remains a potential takeover target for larger energy firms.