The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP Plc CEO Murray Auchincloss insisted that the company’s “fundamental reset” has been in the works for a year, while ...

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in ...

The latest trauma at BP needs perspective. The disappointing financial results and presence of activist Elliott on the share ...

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

BP Chief Executive Murray Auchincloss promised a "reset" for the company, including dialing back climate commitments, on ...

The chief executive officer says he’s met with shareholders constantly this past year, and the market will like oil major’s ...

BP CEO Murray Auchincloss announced plans to reset the company's strategy after a 35% decrease in annual profits, missing ...

BP CEO Murray Auchincloss announced plans to fundamentally revise BP's strategy after the company reported a 35% drop in ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

The move piles pressure on BP chief exec Murray Auchincloss (pictured) to focus on fossil fuels and cut investment in ...