The parent of local oil and convenience store company Thorntons Inc. will shed jobs. U.K.-based oil company BP PLC is cutting ...

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, 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.

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

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The Supreme Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese ...

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 ...

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

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