The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...

Oil giant BP, which holds its annual general meeting on Thursday, has recently sought to resolve something of an identity crisis by launching a fundamental reset. Britain's Shell and U.S. oil giants ...

BP’s strategic reset addresses previous concerns by boosting oil and gas CAPEX and cutting underperforming renewable investments, aiming to reduce debt through asset disposals. The stock has rebounded ...

BP's strategy reset focuses on increasing oil and gas production, reducing low-return green investments, and improving cost efficiency to enhance shareholder returns and reduce debt. The company plans ...