News

BP is tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil ...
Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg.  In an interview following BP’s latest ...
In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil ...
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 will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.
BP will cut over 6000 jobs this year as part of a new review of its business and cost base, as the UK supermajor remains ...
BP Plc (BP) stock was in the spotlight on Tuesday after CEO Murray Auchincloss highlighted the company’s strong performance in recent projects and announced a major discovery in Brazil. The renewed ...
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 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, ...
BP reported stronger-than-expected second-quarter profits, increased its dividend and share buyback, and announced a new cost ...
BP has been under pressure from shareholders to boost profits and cut costs, with activist investor Elliott Management ...