BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

(Reuters) -BP plans to sell its BP Gelsenkirchen refining site in Germany, it announced on Thursday, as CEO Murray ...

BP Plc plans to sell oil refining and chemical assets in Germany, as the company scales back operations in the country due to ...

BP said on Thursday BP Europa SE will seek potential buyers for its German refinery assets, as the oil major looks to reduce costs and rebuild investor confidence. CEO Murray Auchincloss said last ...

British Petroleum (BP) might spend up to $25 billion over the course of a project to develop four oil and gas fields in Kirkuk.

The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower ...

BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and cutting an additional 3,000 co ...

Results from Rhino Resources’ well could be unveiled soon as state oil company updates all Orange basin activities ...

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief executive Murray Auchincloss told staff on Jan 16 as the London-based ...

Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve may deliver more interest rate cuts this year. Wall Street has been ...

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

CEO Murray Auchincloss informed staff of the layoffs in an email, which was shared with the PA news agency, on Thursday. He wrote: “I understand and recognise the uncertainty this brings for ...