BP will cut performance-related bonuses for its senior leaders to 45% after the company missed some of its financial goals in ...

Shares of BP (BP) and Phillips 66 (PSX) are moving in opposite directions today, amid earnings and investment news ...

BP will cut bonuses for its senior leaders to 45% of target, Reuters reported, citing an internal memo, after the company ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

The oil and gas major now has an influential activist investor. That puts even more pressure on CEO Murray Auchincloss.

Supermajor gets to grips with welcome sub-surface surprise in Texas’ Eagle Ford, and weighs up plan to boost US gas ...

The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources ...

BP's net income fell to $8.9bn (£7.2bn) in 2024, down from $13.8bn the previous year. It said lower oil and gas prices, plus ...

Oil giant BP's profits dropped sharply last year with the firm saying it will "fundamentally reset" its strategy. It is widely expected to say later this month that it will scale back renewable ...

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

Q4 2024Management ViewCEO Murray Auchincloss highlighted significant strategic progress in 2024, including 10 new ...

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...