The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

Divestments are viewed as a key element of the overhaul. BP has made progress on a series of small disposals, and said it ...

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence. See ...

BP is tearing up its own “fundamental reset” plan after just six months as the struggling oil giant faces intense pressure to ...

BP has said it "can and will do better" to develop and monetise its oil and gas production as the energy giant continues to ...

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 ...

BP is set to eliminate an additional 1,500 jobs and 1,200 contractor roles across its global workforce by the end of the year ...

BP gained after topping expectations for Q2 adjusted earnings and revenues, while continuing to cut costs and launching a ...

For too long, British oil company BP Plc denied, obfuscated and played down its troubles. The market and the media, rather ...

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to ...

BP Plc will embark on fresh reviews of its portfolio and costs as the oil major works to reverse years of underperformance, with Chief Executive Murray Auchincloss promising that the company “can and ...