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

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 ...

In January, BP announced thousands of job cuts. On a recent earnings call, the company's CEO announced more, and when they'll ...

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

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

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 ...

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

BP shares rose by a little over 1% in London trading after the announcement. Energy giant BP says it has made its largest oil ...

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