BP’s Profit Falls More Than Expected; Announces $1.75 Billion Share Buyback
BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...
BP Announces Strategy Reset to Focus on Cash Flow, Returns — Update
The British oil and gas giant's Chief Executive Murray Auchincloss said the company would continue to reshape its portfolio and has made strong progress in cutting costs. BP now plans to change its ...
BP boss vows to ‘reset’ strategy after annual profits slump
BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and as the ...
BP profits slump to four year low as activist shareholder circles
The boss of BP today promised “to fundamentally reset” the oil supermajor’s strategy after he unveiled a 60% fall in profits in the fourth quarter of the year. Under pressure CEO Murray Auchincloss ...