The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...