BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, ...

BP CEO Murray Auchincloss said the company was open to selling a portion of its Kaskida project in the U.S. Gulf of ...

BP has unveiled plans to look for further cost cuts and conduct a “thorough” review of its portfolio, as pressure from ...

BP is set to eliminate an additional 1,500 jobs and 1,200 contractor roles across its global workforce by the end of the year ...

CEO Murray Auchincloss highlighted strong execution in BP’s upstream segment, including five new projects and a noteworthy ...

BP reported stronger-than-expected second-quarter profits, increased its dividend and share buyback, and announced a new cost ...

Oil supply growth from non-OPEC producers is set to peak in early 2026, while demand remains robust, according to BP Plc Chief Executive Officer Murray Auchincloss.

BP will reassess its production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second-quarter profit expectations. CEO Murray Auchincloss, ...

Tightness in the market for refined fuels has been evident this summer in the Atlantic Basin, particularly in diesel.

BP has reversed its renewable energy ambitions to refocus on oil and gas production, appointing a new chair and selling off ...

BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, with Chief Executive Murray Auchincloss promising that the company “can and ...

BP has been under pressure from shareholders to boost profits and cut costs, with activist investor Elliott Management ...