BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...
Its American depositary receipts retreated 1.9% in the premarket. CEO Murray Auchincloss said, in an interview with Barron’s on Tuesday, the earnings miss was related to higher-than-expected ...
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 first since Murray Auchincloss was permanently appointed as CEO. "It looks like BP is already prepared to do, or is planning to do, a lot of the things we're asking, including increase oil and ...
Murray Auchincloss, the chief executive of BP, last year vowed to cut costs by $2bn by the end of 2026 - Aaron M. Sprecher/Bloomberg BP is to cut nearly 8,000 jobs in the face of falling profits ...
In an email to staff on Thursday that has been seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the anticipated reduction this year." The reductions ...
“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent. The way the company has shifted priorities back and forth between ...