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 ...

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 ...

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

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

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

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 ...

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

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

BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to ...