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

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

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

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

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

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

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'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 ...

BP will review its portfolio of assets and consider further cost cuts as part of a drive to do better for shareholders, the ...

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

BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023. BP's profits for last year were 35 ...