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 ...

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...

The Evening Standard newspaper said shareholders called on the company to do more to curtail costs, and pressure from them, ...

BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

BP has said it "can and will do better" to develop and monetise its oil and gas production as the energy giant continues to ...

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 ...

Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence. See ...

The BBC reported BP with its pivot hopes to increase production to between 2.3 million and 2.5 million barrels of oil per day ...