BP upgraded to Buy at Berenberg as fortunes start to turn around after it delivered significantly stronger Q2 results and ...

The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 ...

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP ...

For too long, British oil company BP Plc denied, obfuscated and played down its troubles. The market and the media, rather ...

BP has a target to cut costs by $4-$5 billion from 2023 levels by the end of 2027, of which it has achieved $1.7 billion, it ...

BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to ...

The London-based energy company said it would launch a new cost review and evaluate its portfolio, as it presses ahead with a ...

BP CEO Murray Auchincloss discusses the oil major's earnings, the industry more broadly and BP's biggest oil and gas ...