The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production. By Stanley Reed ...

British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major posted ...

CEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new final investment decisions (FIDs), such as Kaskida and Tangguh, new access in Iraq and India, and ...

BP Plc is off to a “great start” in its strategy reset and can follow through on the turnaround despite the recent drop in oil prices, said Chief Executive Officer Murray Auchincloss. President Donald ...

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 said ...