BP is seeking to revive its fortunes after strategic missteps caused its shares to lag behind rivals. - arnd wiegmann/Reuters BP’s new chairman backed the company’s strategic direction but said the business must act with urgency, and signalled further asset sales as it attempts to shore up its balance sheet while boosting valuations for shareholders. In a message to staff on Wednesday, Albert Manifold said the oil major needs to carefully look at its portfolio and suggested further assets would be sold t ...