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

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

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

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

BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

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 ...

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

BP has unveiled plans to look for further cost cuts and conduct a “thorough” review of its portfolio, as pressure from ...

Results-day cheer for under-pressure BP and Diageo today helped the FTSE 100 index in a session when the value of Smith & ...

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