BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors.

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

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a medical procedure as it signalled weaker end-of-year trading. Its ...

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

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

Murray Auchincloss, the chief executive of BP, last year vowed to cut costs by $2bn by the end of 2026 - Aaron M. Sprecher/Bloomberg BP is to cut nearly 8,000 jobs in the face of falling profits and ...

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

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...

British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor ...

Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...