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 ...
Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...
BP has unveiled plans to look for further cost cuts and conduct a “thorough” review of its portfolio, as pressure from ...
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 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 ...
"We've had tremendous exploration success," BP CEO Murray Auchincloss told CNBC on Tuesday. BP CEO Murray Auchincloss on Tuesday leaned into the growth potential of the company's recent oil and gas ...
BP has been under pressure from shareholders to boost profits and cut costs, with activist investor Elliott Management ...
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 ...