A behind-the-scenes look at how bp and the Audi Revolut F1® Team are innovating fuels, engineering and technology for a new ...

LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive. In an email to staff on Thursday that has been seen by The ...

BP expects $4-5 billion in Q4 impairments primarily in its energy transition businesses, reports weak oil trading, and sees a ...

LONDON (AP) — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its ...

The company now sees global oil demand peaking in the mid-2030s instead of before 2030. BP: declines are coming only gradually, driven by efficiency gains and EV adoption but offset by petrochemicals.

Jan. 16 (UPI) --Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost-cutting measure, the company announced. That amounts to about 5% of its total workforce. The company made the ...

BP chief executive Murray Aunchincloss has stepped down after less than two years in charge of the oil giant, following pressure from activist investors. Auchincloss has been under pressure from US ...

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on ...

Feb. 11 (UPI) --BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on Tuesday after a dip in annual profits and a threat from an ...