BP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
BP’s ‘Fundamental Reset’ Sets High Bar for Auchincloss
The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...
Trump crypto meme coin is a 'deep concern,' Dem lawmakers tell regulators
Jake Auchincloss, D-Mass., who sits on the House Committee on Energy and Commerce. Warren and Auchincloss point to the foreign emoluments clause of the U.S. Constitution, which states “[N]o Person ...
Bloomberg L.P.1mon
BP CEO Auchincloss Faces a Crucial Test in Delayed Strategy Update
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 ...
The Business Journals1mon
BP plans to cut roughly 5% of its workforce this year amid simplification programs
In an internal letter from CEO Murray Auchincloss to staff on Jan. 16, Auchincloss said that due to transformational programs across the business, BP expects about 4,700 jobs to be impacted by ...
BP to cut 4,700 jobs to reduce costs
Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of its plans to cut costs. The British ...