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

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

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

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

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

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

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...