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 ...

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

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 ...

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

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

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...

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 is set to eliminate an additional 1,500 jobs and 1,200 contractor roles across its global workforce by the end of the year ...

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

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