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Elliott Investment Management, an activist investor, has built a stake in BP Plc, seeking to push for significant change to end years of under-performance. Analysts expect Elliott to call for changes such as selling low-carbon assets, focusing on oil and gas production, and potentially replacing the chairperson, among other measures. BP's management team and board of directors may be targeted for change, with the company's strategy update scheduled for February 26 seen as a crucial moment for CEO Murray Auchincloss. Bloomberg Intelligence Senior Global Energy Analyst Will Hares reports on Bloomberg Radio. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: / bloombergradio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: / bloombergpodcasts Bloomberg Television: / @markets Bloomberg Originals: / bloomberg Quicktake: / @bloombergquicktake