UK supermajor BP reduced the salary of chief executive Murray Auchincloss by 30% last year, following financial results that missed expectations and amid the company’ new strategy to boost oil ...

BP CEO Murray Auchincloss said his company’s decision to slow spending in renewables and bump up petrochemical production was a logical step considering BP’s recent performance. “The last 12 ...

Pressure is building on chief executive Murray Auchincloss following reports that activist investor Elliott was disappointed with his strategy. A fortnight ago, Auchincloss unveiled plans to spend ...

Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil major’s underperforming share price. BP boss Murray Auchincloss has defended the company’s move to ...