BP Plc Chief Executive Officer Murray Auchincloss appeared at a key US energy major conference in Houston on Tuesday, talking up his reset for the troubled British oil major.
BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas prices, CEO Murray Auchincloss said on Tuesday.
President Trump’s “drill, baby, drill” policies, Europe’s de-industrialization due to its “net-zero” climate policies, high energy prices, and investor
By pledging an “unwavering focus” on creating value for shareholders, BP admitted its renewable crusade was a failure and exposed the rotten core of ESG.
BP Plc Chief Executive Officer Murray Auchincloss’ total compensation dropped to £5.36 million ($6.91 million) in 2024, about 30% less than the previous year, after the energy giant’s profits disappointed.
Green critics of BP's new strategy claim it will lead to stranded assets. it won't. BP's problem is not having enough oil and gas assets to meet future demand.
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BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay declined, the company said Thursday in its annual report.
Pressure is building on Murray Auchincloss (pictured) following reports that activist investor Elliott was disappointed with his strategy.
BP's emissions under its operational control and the use of its products rose to 33.6 million metric tons and 322 million metric tons of carbon dioxide equivalent respectively in 2024, it said in its annual report on Thursday.
The Associated Press - Business News on MSN13d
BP to slash spending on net zero ventures as it focuses on oil and gas againCopyright 2025 The Associated Press. All Rights Reserved. A sign at a BP petrol station in London, Feb. 7, 2023. British energy giant BP has confirmed it is to slash ...
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as part of the company's reset after recent lackluster economic performance.
By Ron Bousso HOUSTON - BP is set to ramp up U.S. natural gas production in its onshore shale operations following the recent rise in domestic gas prices, CEO Murray Auchincloss said on Tuesday. "With rising gas prices,
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