Under pressure from an activist investor and a sagging share price, the chief executive officer of energy giant BP (LON: BP) has pledged to return his company to its roots in oil and gas and do “fewer ...

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 ...

Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...