BP (NYSE:BP) posted a 30% drop in Q3 profit to $2.3 billion, the lowest in nearly four years as softer refining margins and oil trading results continue to weigh on the company’s performance.

Q4 2024 Management View Øyvind Eriksen, President and CEO, highlighted the current market dynamics, emphasizing global volatility and the shift toward protectionism. He noted that Aker's net asset ...

BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...

A medevac plane crashed soon after takeoff in Philadelphia on Friday with a child and five others on board, the air ambulance company that operated it said, adding that it had not confirmed any ...

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(Bloomberg) -- BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

CEO promised a “fundamental reset” of strategy after reporting poor financial results in 2024 which could see the company ...