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 ...

BP CEO Murray Auchincloss said the company was open to selling a portion of its Kaskida project in the U.S. Gulf of ...

BP’s quarterly performance was boosted by a 33% profit increase at its customers and products division, driven by strong 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 has launched a full oil and gas portfolio review in a bid to cut costs as the energy giant faces ...

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'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 ...

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 ...

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.