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 ...

BP Plc plans to enhance gas output in India's NEC-25 block, motivated by recent legislative reforms. BP CEO Murray ...

Activist investors at the business, including ruthless US fund Elliott Management, which has built up a 5 per cent stake in ...

Energy group BP expects first-quarter gas marketing and trading earnings to be weak while net debt will rise, the company ...

BP's shares fell in early trading Thursday after the energy group announced it expects weak first-quarter gas marketing and ...

BP has lowered its outlook for gas production in the first quarter of 2025 while the energy giant said debts are set to jump. The London-listed company said production will be lower in gas and ...

BP Board Chair Helge Lund plans to step down after six years amid pressure for the company to deliver better financial results.

The oil giant has suffered several years of poor performance since embracing net zero in 2020 under its previous CEO, Bernard Looney.