BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

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.

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

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

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

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 and ...

BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...

Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray Auchincloss aims to simplify operations and boost returns following the ...

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.