BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor ...

Operationally, divestments and project timing mean 2025 will see production come down, alongside lower volumes in the petrol ...

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

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief ...

UK supermajor's CEO says 'new direction' imminent as analysts suggest further shift from low carbon could be on the cards ...

BP plans to sell a German refinery in support of CEO Murray Auchincloss' $2bn (£1.62bn) cost-cutting goal by 2026.

BP’s profit fell more than expected as weak refining margins dragged on its results but the British energy major still ...

Venterra Group has appointed Michael De Rhune as Chief Financial Officer (CFO), effective 31 January 2025. He succeeds Ivan Ronald. Michael De Rhune brings over 35 years of financial experience, ...

U.S. President Donald Trump looks on as he holds a pen in the Oval Office at the White House in Washington, U.S. February 4, 2025. REUTERS/Elizabeth Frantz/File Photo ...

Partly cloudy. Medium chance of showers, becoming less likely this afternoon. Light winds becoming easterly 20 to 30 km/h in the morning. Fire Danger - Moderate Sun protection recommended from 9:30 am ...