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.

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

Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a medical procedure as it signalled weaker end-of-year trading. Its ...

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

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

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

BP said the company sought assurances from Looney in 2022 about the relationships but has concluded that his statements were “inaccurate and incomplete." Details of Mr Auchincloss’s medical ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray Auchincloss aims to simplify operations and boost returns following the ...

BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...