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 ...

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“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...

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

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

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Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...

Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a ...

New BP chief executive Murray Auchincloss who will have his first outing next week since being appointed to the role ...

Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...