BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...

Murray Auchincloss, chief executive of BP — Eni’s partner in Azule Energy which has a major stake in PEL 85 — was also pretty bullish last year, telling analysts that the prospectivity of ...

BP has announced that it will shed about 4,700 staff, or more than 5% of its global workforce, as part of the chief executive Murray Auchincloss’s drive to reduce costs by $2bn. The cuts ...