Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

The government’s crackdown on dissenting voices has escalated over the past year. The UN Climate Change Conference (COP29) took place in Baku, Azerbaijan, from November 11 to 22, 2024. Despite the ...

This fall reflects strategic miscalculations that extend far beyond Auchincloss’s one-year tenure. His predecessor Bernard Looney embraced net zero, made a faulty prediction that global oil ...

BP CEO Murray Auchincloss Auchincloss was appointed to the top role in January last year, having been acting chief executive since September 2023 after the surprise resignation of Bernard Looney ...

Mr Auchincloss was appointed to the top role in January last year, having been acting chief executive since September 2023 after the surprise resignation of Bernard Looney after BP’s former boss ...

New BP chief executive Murray Auchincloss who will have his first outing next week since being appointed to the role permanently, and hopes will be high that he can replicate a strong set of ...

BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why I rate BP stock a Hold now.

The Shah Deniz field, located in the Azerbaijani sector of the Caspian Sea. Source: The Ministry of Energy of the Republic of Azerbaijan. Azerbaijan plans to increase gas production at the Absheron ...

BELGRADE, Jan 10 (Reuters) - Gas flows from Azerbaijan to Serbia have been halted and it is unclear when they will resume, news agency Tanjug quoted Serbian President Aleksandar Vucic as saying.