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

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 PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

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

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

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

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 cost-saving drive. In an email to staff on Thursday that has been seen by The ...

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

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray Auchincloss aims to simplify operations and boost returns following the ...

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