BP is tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil giant faces intense pressure to improve financial performance.

JERA form JERA Nex bp, a UK-based offshore wind venture with 13 GW in capacity, deepening UK-Japan ties and expanding clean ...

BP chief executive Murray Auchincloss has hailed this year as the “best in a decade” for the UK supermajor's exploration business, following this week’s announcement of its largest discovery in 25 ...

BP p.l.c. (NYSE:BP) is among the 11 Best Hydrogen Stocks to Invest in Now. According to three Petrobras insiders who spoke to ...

In a second-quarter earnings call, BP CEO Murray Auchincloss said the company has already cut costs and hopes to grow its oil and gas production business segment. But he said there’s more to do — ...

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third higher than analysts expected, and raised its quarterly dividend by 4 per ...

For too long, British oil company BP Plc denied, obfuscated and played down its troubles. The market and the media, rather than the company, was the issue. On Tuesday, the oil major took the first ...

A potential partnership with Petrobras in developing BP's major oil find in Brazil’s Bumerangue block may hinge on carbon ...

BP’s quarterly performance was boosted by a 33% profit increase at its customers and products division, driven by strong oil ...

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

BP will review its portfolio of assets and consider further cost cuts as part of a drive to do better for shareholders, the ...

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 under pressure from investors to turn around profitability and reinvigorate the ...