The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...

BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...

MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...

If BP slows its shift to green — or goes into reverse — it will be a cruel setback for sustainable finance. BP is the oil and ...

BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

Q4 2024Management ViewCEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new ...