BP named outsider Albert Manifold, the former boss of building materials producer CRH , as its new chairman on Monday, as it grapples with a major strategy reversal in an attempt to turn around a weak ...

The appointment comes as the energy major slashes green spending and pivots back to oil amid pressure from investors.

BP has appointed Albert Manifold as its new chair, paving the way for Helge Lund to depart after six troubled years steering the struggling UK oil major.

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

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

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

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 ...

BP upgraded to Buy at Berenberg as fortunes start to turn around after it delivered significantly stronger Q2 results and positive news about a potential discovery in Brazil.

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

BP has named the former boss of building materials firm CRH as its incoming chairman, replacing Helge Lund after a difficult past few years in the role. Albert Manifold, who was chief executive of CRH ...