Oil giant BP has ceased a project to produce "clean jet fuel" at its Castellon refinery in Spain. The move signals a broader ...

Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash flow, but have questioned whether the company can obtain such a price given ...

The boss of BP has insisted that his shake-up of the company is 'resonating' with investors as he and his chairman fight for their jobs. Pressure is building on chief executive Murray Auchincloss ...

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. The sprawling energy producer has ...

BP shares have slumped, leaving the oil giant offering a very high dividend yield. Should Roland Head consider buying ahead ...

Energy giant BP has been forced to postpone an investor presentation originally planned for New York as chief Murray Auchincloss needs more time to recover following a medical operation ...

BP CEO Murray Auchincloss said his company’s decision to slow spending in renewables and bump up petrochemical production was a logical step considering BP’s recent performance. “The last 12 ...

BP boss Murray Auchincloss is facing a rebellion at the company's annual meeting this week. The threatened revolt comes after chairman Helge Lund bowed to investor pressure earlier this month and ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

LONDON (Reuters) - BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023. The group ...

BP said the company sought assurances from Looney in 2022 about the relationships but has concluded that his statements were “inaccurate and incomplete." Details of Mr Auchincloss’s medical ...