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

JERA form JERA Nex bp, a UK-based offshore wind venture with 13 GW in capacity, deepening UK-Japan ties and expanding clean ...

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

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

CEO Murray Auchincloss highlighted strong execution in BP’s upstream segment, including five new projects and a noteworthy ...

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 ...

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'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 ...