BP said its new chairman, Dubliner Albert Manifold, will conduct a review of the entire portfolio and the company will seek to cut costs beyond its current targets, as the oil and gas major works to ...

BP is tearing up its own “fundamental reset” plan after just six months and cutting 1,500 more jobs as the struggling oil ...

BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to ...

BP has a long way to go, but its quarterly profits show the British oil giant is heading in the right direction.

For too long, British oil company BP Plc denied, obfuscated and played down its troubles. The market and the media, rather ...

BP will cut over 6000 jobs this year as part of a new review of its business and cost base, as the UK supermajor remains ...

The announcement was made alongside second-quarter results. BP reported adjusted profits of $2.4bn for the period, a third ...

The Evening Standard newspaper said shareholders called on the company to do more to curtail costs, and pressure from them, ...

BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

The British energy group made its biggest oil and gas discovery in 25 years off the coast of Brazil yesterday.

BP bosses have unveiled plans to look for further cost cuts and conduct a “thorough” review of its portfolio as it comes ...

BP reported stronger-than-expected second-quarter profits, increased its dividend and share buyback, and announced a new cost ...