The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 ...

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

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

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

BP's renewed focus on oil growth, upstream project execution, and cost discipline is winning back investor confidence. See ...

The BBC reported BP with its pivot hopes to increase production to between 2.3 million and 2.5 million barrels of oil per day ...

BP is seeking to bolster oil and gas in its portfolio to regain investor confidence and revive underperforming shares.

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

A possible partnership between BP and Petrobras to develop the British firm's oil and gas find in Brazil's pre-salt layer ...

BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP ...

BP Plc achieved a stronger oil-trading performance than its rivals during a volatile second quarter by sticking to ...

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big ...