Following the company’s annual meeting Thursday, the oil giant said 59% of the votes cast were against the company’s executive compensation decisions for 2015. That included a roughly 20% increase in Mr. Dudley’s total pay for the year, a period during which the company lost $5.2 billion. Earlier in the day, the company also signaled in its clearest terms yet that it may have to reduce its dividend, as low oil prices continue to threaten the once-sacrosanct investor payouts across the industry. Both moves heap new pressure on Mr. Dudley and his board as BP tries to navigate low oil prices like the rest of the industry. It is also now contending with increasing shareholder dissatisfaction. BP shares closed 1.9% lower in London Thursday. Nonbinding shareholder revolts over a host of issues, including pay, […]