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 will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

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

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...

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

BP has been under pressure from shareholders to boost profits and cut costs, with activist investor Elliott Management ...

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

BP reported stronger-than-expected second-quarter profits, increased its dividend and share buyback, and announced a new cost ...

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

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

The profit reflects an average gas marketing and trading result, stronger realised refining margins and robust customer results.