The evidence paints a clear picture of systematic cost ... that explicitly encouraged rapid drilling (BP_00001402 §3, BP_00001402 §22), creating direct financial incentives to prioritize speed ...

British consumers are becoming increasingly sceptical about health claims put forward by food and drinks brands. The nationwide survey of 2,000 people commissioned by strategic communications ...

Compulsory liquidations of UK companies hit a decade-high last year following a late surge in the wake of Rachel Reeves’s ...

There is a huge temptation for income-focused investors to buy the highest-yielding stocks in an effort to boost the cash ...

BP had initially investigated Looney’s personal relationships in 2022, but at the time he assured the board that he had been transparent. However, new allegations surfaced in 2023, prompting the ...

A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil (XOM.N), opens new tab, BP (BP.L), opens new tab and Shell (SHEL.L), opens new tab liable for misleading the public about ...

Around 4,700 employees and 3,000 contractor positions will be cut this year, BP (BP.L), opens new tab told Reuters. The cuts were announced in an internal memo seen by Reuters earlier on Thursday.

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans. The oil and gas giant will be cutting 4,700 jobs across its global workforce alongside 3,000 contractor roles.

Speaking in November at the ADIPEC energy conference in Abu Dhabi, the BP CEO defended his stance by noting the world will need a considerable amount of "new investment" in oil and gas in order to ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

The job cuts come days after BP announced it was delaying next month’s strategy update and relocating it to London from New York to give Auchincloss more time to recover from a medical procedure.