BP shares rise 1.5% amid takeover speculation following strategic reset and pressure from activist investors. BP shares ( LSE: BP) climbed 1.5% in London morning trading despite growing speculation ...

Oil giant BP, which holds its annual general meeting on Thursday, has sought to resolve something of an identity crisis by launching a fundamental reset.

As chairman Helge Lund and chief exec Murray Auchincloss brace for a rebellion, BP reported success at an exploration well ...

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...