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 ...

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 set to eliminate an additional 1,500 jobs and 1,200 contractor roles across its global workforce by the end of the year ...

BP’s quarterly performance was boosted by a 33% profit increase at its customers and products division, driven by strong oil ...

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 ...

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 ...

Calgarian fills BP leadership void after CEO quits over past relationships Murray Auchincloss came into BP through a merger with Amoco in 1998, starting there in his hometown of Calgary as a tax ...

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 ...

Auchincloss, a 53 year-old Canadian, is less of a social butterfly. He has shied away from the limelight, telling senior employees in the weeks after he was appointed as interim CEO that he would be ...

Looney misled the company’s board and will forfeit as much as £32.4 million ($40.8 million) in pay, BP said last month. Auchincloss, a 53 year-old Canadian, is less of a social butterfly.