A group of major investors in BP have confirmed that they will oppose the reappointment of the company’s outgoing chair, in protest at the firm’s scaled-back climate ambitions ...

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 ...