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

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

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant said: “Mr Auchincloss has recently undergone a planned medical ...

BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's ...

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 (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. The group ...

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.

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 ...

The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings. By Stanley ...

It pumped 2.36 million boepd in 2024. "It's a radical shift," CEO Murray Auchincloss told Reuters in a phone interview after the announcements during the company's capital markets day. Under ...