BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000. BP is to cut thousands of jobs across its global workforce as it looks ...

Oil giant’s boss introduces cost-cutting measures as Britain moves away from fossil fuels BP is to cut nearly 8,000 ... The rest are spread between its London offices and its North Sea oil ...

Shares in BP were up over 1% by early afternoon in London following the news. The company’s stock plummeted almost 16% over 2024 as Auchincloss tried to assuage investors’ concerns over its ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

At 9:00am EST on Thursday, the company's shares were trading at 428.65p on the London Stock Exchange, up 5.65p or 1.34%. Auchincloss told staff that BP was still "uniquely positioned to grow value ...

The job cuts come days after BP announced it was delaying next month’s strategy update and relocating it to London from New York to give Auchincloss more time to recover from a medical procedure.

the chief executive officer of the London-based energy giant, informed staff of the decision. Bloomberg via Getty Images Upon discovering that Looney had not been fully forthcoming, BP announced ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans. The oil and gas giant will be cutting 4,700 jobs across its global workforce alongside 3,000 contractor roles.

BP plans to eliminate some 4,700 jobs and 3,000 ... previously scheduled for February 11 in New York to February 26 in London, to allow full recuperation to CEO Auchincloss, who has recently ...