British Petroleum (BP) might spend up to $25 billion over the course of a project to develop four oil and gas fields in Kirkuk.

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

The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower ...

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 ...

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 ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on February 26 is now a 'huge day for him personally'.

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief executive Murray Auchincloss told staff on Jan 16 as the London-based ...

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

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

Chief executive Murray Auchincloss (pictured) told staff yesterday the oil giant would axe 4,700 roles – 5 per cent of its global workforce – and 3,000 contractor positions. The cuts – part ...