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 ...

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“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...

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

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

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.

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

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

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP has postponed an event for investors next month so that its chief executive Murray Auchincloss can ...

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