BP is tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil ...

In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil ...

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

The BBC reported BP with its pivot hopes to increase production to between 2.3 million and 2.5 million barrels of oil per day ...

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

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 renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence. See ...

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 ...

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...

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 gained after topping expectations for Q2 adjusted earnings and revenues, while continuing to cut costs and launching a ...

For too long, British oil company BP Plc denied, obfuscated and played down its troubles. The market and the media, rather ...