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

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

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 ...

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

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

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

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

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...

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