BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company said ...

BP p.l.c. (NYSE:BP) is one of the 10 most undervalued oil stocks to buy according to analysts. Murray Auchincloss, the CEO of BP p.l.c. (NYSE:BP), reaffirmed his belief on June 12 that the company ...

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 boost for the British company following its strategic shift away from ...

BP’s stock rallied on Wednesday, and shares of Shell fell, after the Wall Street Journal reported the two companies were holding merger talks. U.S.-listed shares of BP BP jumped 7%, while Shell shares ...

HOUSTON (Reuters) -British energy major BP will go ahead with developing a $5 billion offshore drilling project in the U.S. Gulf of Mexico, it said on Monday, underscoring its commitment to the U.S.