The latest trauma at BP needs perspective. The disappointing financial results and presence of activist Elliott on the share ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while refusing to comment on an analyst’s question about whether he’s had ...

BP Plc’s pledge for a “fundamental reset” presents the biggest test yet for Chief Executive Officer Murray Auchincloss when he unveils the specifics in a couple of weeks.

Feb. 11 (UPI) --BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an ...

On Friday, January 10th, Murray Auchincloss purchased 88 shares of BP stock. The stock was acquired at an average cost of GBX 423 ($5.27) per share, with a total value of £372.24 ($463.50). On ...

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 ...

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

The move piles pressure on BP chief exec Murray Auchincloss (pictured) to focus on fossil fuels and cut investment in ...

(Bloomberg) -- 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 ...

Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff in an internal memo Thursday. The cuts will affect some 4,700 employees ...

The company also said 3,000 contractor positions would be cut too. However, in an email to staff, BP CEO Murray Auchincloss said around 2,600 of those contractors "had left the business already." ...

Chief executive Murray Auchincloss inherited a difficult hand from his predecessor. Bernard Looney sought to respond to climate change by taking BP on a green journey, seeking a smooth transition ...