BP p.l.c. (LON:BP – Get Free Report) insider Murray Auchincloss bought 88 shares of the stock in a transaction that occurred on Friday, January 10th.The shares were purchased at an average cost ...

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

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 ...

BP has been falling behind its peers for years. If it doesn’t narrow the gap, its days as an independent company could be ...

The company also said 3,000 contractor positions would be cut too. However, in an email to staff, BP CEO Murray Auchincloss said around 2,600 of those contractors "had left the business already." ...

He was previously the chief financial officer. Mr Looney had been in the role since February 2020 after spending his career at BP, having joined as an engineer in 1991. He acknowledged at the time ...

BP has around 14,000 workers in the UK, with around 6,000 of these based in petrol and service stations who will not be affected by the cuts. Chief executive Murray Auchincloss announced the ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

(Bloomberg) -- BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday ...

higher-value company,” BP’s chief executive Murray Auchincloss wrote in an internal memo seen by Reuters. Last year, BP cut jobs across its renewables divisions, but the cost-cutting drive ...

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 ...

BP sent a letter to staff today about the job cuts. BP boss Murray Auchincloss told workers on Thursday: "We began a multi-year programme to simplify and focus BP last year—strengthening our ...