BP shares surged early Monday after reports surfaced that activist investor Elliott Management has taken a stake in the oil major. BP has underperformed its British and U.S. energy peers. The company ...

In an email to staff late last week viewed by the AP, bp CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year.” The reductions amount to just ...

A charge into offshore wind – and the wider renewable energy sector – started by former CEO Bernard Looney has been throttled back by his successor Murray Auchincloss. Last month, it was announced ...

BP employs approximately 14,000 people in the UK, with around 6,000 of them working at petrol stations and service locations, who will not be impacted by the cuts. CEO Murray Auchincloss informed ...

In an email to staff on Thursday that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year.” The reductions amount ...

CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year.” The reductions amount to just over 5% of BP’s 90,000 worldwide employees. Auchincloss ...

BP will cut over 5% of its global workforce, it said today, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 employees ...

BP announced on Thursday (Jan 16) that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss’ efforts to reduce costs. BP told staff that 3,000 ...

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London ...

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 ...

BP Plc is eliminating 4 700 positions internally, about 5% of its workforce, and more than 3 000 contractor jobs, Chief Executive Officer Murray ... during Auchincloss’s tenure as CEO, and ...