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

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

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 ...

In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil ...

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 ...

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

BP has said it "can and will do better" to develop and monetise its oil and gas production as the energy giant continues to ...

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

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence. See ...

The Evening Standard newspaper said shareholders called on the company to do more to curtail costs, and pressure from them, ...

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 ...

While those at the top of the tree are generating serious cash flow from the Permian and other onshore regions, that is not the case across the board. The Baker Hughes (US:BKR) rig count shows a drop ...