CEO Murray Auchincloss has launched a full oil and gas portfolio review in a bid to cut costs as the energy giant faces ...

BP is tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil ...

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

In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil ...

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 ...

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 ...

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

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

BP could sell off more assets in a fresh costs review, as the energy giant continues its push to improve profitability.

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's Murray Auchincloss attends a panel during the Abu Dhabi International Progressive Energy Congress, in Abu Dhabi, UAE, on Oct. 2, 2023. AMR ALFIKY/Reuters ...