The Latest Breaking News from Murray Auchincloss

Time for BP’s chair to head for the exit

Helge Lund is too closely tied to share price failure and BP’s inability to carry its investors with it

The Guardian - UK · Feb 11, 2025

BP Pledges Strategic 'Reset' As Profit Tumbles

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.

International Business Times · Feb 11, 2025

BP profits slump to four year low as activist shareholder circles

Disappointing results come weeks before major investor update on new strategy

Evening Standard · Feb 11, 2025

BP cutting 4,700 jobs worldwide as part of cost-saving drive

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive

The Independent UK · Jan 16, 2025

Oil Giant BP Cuts Thousands Of Jobs To Slash Costs

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

International Business Times · Jan 16, 2025

Fears for Scottish jobs as BP to slash global workforce numbers

BP HAS said it will cut 4700 jobs across its global workforce and 3000 contractor roles as part of a cost-saving drive, prompting concerns for…

The National (Scotland) · Jan 16, 2025

BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn

Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy

The Guardian - UK · Jan 16, 2025

BP to axe 4,700 jobs globally amid cost-cutting drive

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

Evening Standard · Jan 16, 2025

BP announce plans to cut 4,700 jobs in £1.6bn cost-cutting drive

The energy firm is aiming to save two billion US dollars across two years

The Independent UK · Jan 16, 2025

BP delays investor event as boss Murray Auchincloss recovers after medical procedure

BP boss Murray Auchincloss is ‘recovering well’ and will be back in the office by February

The Independent UK · Jan 14, 2025