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 tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil giant faces intense pressure to improve financial performance.

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

BP chief executive Murray Auchincloss has hailed this year as the “best in a decade” for the UK supermajor's exploration business, following this week’s announcement of its largest discovery in 25 ...

Tightness in the market for refined fuels has been evident this summer in the Atlantic Basin, particularly in diesel.

In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil and gas production business segment. But he said there’s more to do — ...

BP bosses have unveiled plans to look for further cost cuts and conduct a "thorough" review of its portfolio as it comes under pressure from shareholders.

For too long, British oil company BP Plc denied, obfuscated and played down its troubles. The market and the media, rather than the company, was the issue. On Tuesday, the oil major took the first ...

BP will cut over 6000 jobs this year as part of a new review of its business and cost base, as the UK supermajor remains under pressure from investors to turn around profitability and reinvigorate the ...

BP can and will do better for its investors Murray Auchincloss Its 100,000-strong worldwide workforce will be reviewed further as part of the new push, it confirmed. BP did not give a country ...

Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg.  In an interview following BP’s latest ...

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...