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 ...

JERA form JERA Nex bp, a UK-based offshore wind venture with 13 GW in capacity, deepening UK-Japan ties and expanding clean ...

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant said: “Mr Auchincloss has recently undergone a planned medical ...

The Cook government is working to help salvage a massive green hydrogen play in the Pilbara after energy giant BP pulled out ...

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 Plc (BP) stock was in the spotlight on Tuesday after CEO Murray Auchincloss highlighted the company’s strong performance in recent projects and announced a major discovery in Brazil. The renewed ...

BP has unveiled plans to look for further cost cuts and conduct a “thorough” review of its portfolio, as pressure from shareholders intensifies. Chief executive Murray Auchincloss pledged that the oil ...

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 ...

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third higher than analysts expected, and raised its quarterly dividend by 4 per ...

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

BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP ...