Analysts believe BP needs to sell Castrol at an enterprise value of $12bn if the deal is to improve the company’s free cash ...

Oil giant BP has ceased a project to produce "clean jet fuel" at its Castellon refinery in Spain. The move signals a broader ...

The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in ...

BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy chief as it tries to shore ...

Unnamed sources familiar with the developments have told Bloomberg that Shell was studying a takeover that would depend on whether the BP stock would continue to decline after losing close to 30% over ...

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 ...

Murray Auchincloss had just returned to BP Plc’s London headquarters from a long stint in other corners of the company’s global empire, when everything changed in an instant. Oil was gushing ...

LONDON, March 6 (Reuters) - BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023.

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports.