Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...
Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...
“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
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Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...
London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...