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

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 ...

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

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

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 ...

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

BP gained after topping expectations for Q2 adjusted earnings and revenues, while continuing to cut costs and launching a ...

The energy giant said it discovered oil and gas in the deepwater Santos basin offshore Brazil as it seeks to grow global ...

The London-based energy company said it would launch a new cost review and evaluate its portfolio, as it presses ahead with a ...

BP has a target to cut costs by $4-$5 billion from 2023 levels by the end of 2027, of which it has achieved $1.7 billion, it ...

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