Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a medical procedure as it signalled weaker end-of-year trading. Its ...

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...

BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and cutting an additional 3,000 co ...

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

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 ...

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

It has also run through a few chief executives, the latest being Murray Auchincloss, who has just had to postpone a long-awaited strategy update for investors next month to recover from a medical ...

The oil giant said: “Mr Auchincloss has recently undergone a planned medical procedure from which he is recovering well. “He will be back in the office by February.” Its capital markets ...