Is oil major BP finally back from the brink?
Pressure on boss Murray Auchincloss to deliver returns to investors may finally be easing after a recovery in the share price and an epoch-changing oil discovery in Brazil.
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Murray Auchincloss
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BP confirms $5bn offshore oil project as energy giant doubles down on fossil fuels
BP will move ahead with a $5billion offshore drilling project as the energy giant continues to re-embrace fossil fuels under chief executive Murray Auchincloss.
9 months ago
BP boss vows to double value of the oil giant after Elliott pours cold water on revamp plans
Speaking just a day after unveiling his new strategy to investors, chief exec Murray Auchincloss (pictured) said BP could be worth £160bn in five years
Back to petroleum at last: BP's switch back to fossil fuels is a seismic U-turn, says MAGGIE PAGANO
BP chief exec Murray Auchincloss (pictured) is to be applauded. It takes courage to admit mistakes, and even greater courage to try to fix them.
BP expected to scrap renewables target in shift back to fossil fuels
Goal of increasing renewable energy generation 20-fold to be ditched, shareholders to be told this week
BP is expected to ditch a target to ramp up renewable energy generation by 2030 as part of a shi…
10 months ago
BP to slash 8,000 jobs in bid to save £1.6bn: Axe falls as boss waters down its green targets
Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and 3,000 contractor positions.
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