Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...

British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...

The Supreme Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese ...

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray ...

BP is set to reduce over 5% of its global workforce, impacting 4,700 employees and 3,000 contractor roles. The cost-cutting ...

Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...