The move piles pressure on boss Murray Auchincloss to focus on fossil fuels and cut investment in renewables. BP reports fourth quarter results today and is preparing for a highly anticipated ...
BP CEO Murray Auchincloss, appointed in January last year, has struggled to reverse the company's underperformance. Expectations Elliott's acquisition of a stake will spur reform on Monday drove ...
Earlier this week, BP announced its intention to sell a refining site in Germany, aligning with CEO Murray Auchincloss' plans to reduce company costs by at least $2bn by the end of 2026.
BP CEO Murray Auchincloss, appointed in January last year, has struggled to reverse the company's underperformance. Expectations Elliott's acquisition of a stake will spur reform on Monday drove ...
New CEO Murray Auchincloss has pushed efforts to cut costs in the business and, in January, announced that BP would cut almost 8,000 jobs across the company's staff and contractors. Read next ...
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