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

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

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 ...

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

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

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 ...

BP could sell off more assets in a fresh costs review, as the energy giant continues its push to improve profitability.

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

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 ...

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

BP posts $2.35B Q2 profit, beating estimates and revealing its biggest oil find in 25 years off Brazil’s coast, fueling ...