BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

AI is no longer just a tool—it’s replacing jobs. As Meta and other companies accelerate layoffs and use RTO as a quiet ...

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

MURRAY AUCHINCLOSS, who took over as BP’s chief executive in 2024, promised a “fundamental reset” for the company on February ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

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

BP chief Murray Auchincloss says the restructuring will ‘be a new direction for BP’ - Amr Alfiky/Reuters. BP has halted all ...

If BP slows its shift to green — or goes into reverse — it will be a cruel setback for sustainable finance. BP is the oil and ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

CEO promised a “fundamental reset” of strategy after reporting poor financial results in 2024 which could see the company ...

Q4 2024Management ViewCEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new ...