Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...

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, 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 ...

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 ...

The website you are visiting is protected and accelerated by Incapsula. Your computer may have been infected by malware and ...

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

Its 15,000-strong UK workforce will be among those hit hard by the cuts. Murray Auchincloss, BP’s chief executive, has vowed to cut costs by the end of 2026 as part of his drive to boost returns ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...