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

The head of BP Plc in Brazil will take over as the top boss of the company’s sugar and ethanol unit, replacing an executive ...

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

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

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

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

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

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...

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