BP profits fell by less than expected in the third quarter as higher refining margins helped partially offset the impact of ...

BP accelerates overhaul with higher asset sale target as profits beat forecasts - The oil giant reported third quarter ...

BP reported better than expected quarterly profits on Tuesday, as chief executive Murray Auchincloss presses ahead with a plan to refocus the company on its core oil and gas businesses.

BP generated a net profit of $1.509 billion in the third quarter, far higher than the $370 million reported a year earlier, ...

We continue to make good progress to cut costs, strengthen our balance sheet and increase cash flow and returns,” Auchincloss ...

Funds managed by the US investment firm will purchase non-controlling interests in the Permian and Eagle Ford midstream ...

There were doubts about Murray Auchincloss from the moment he was propelled to the top of BP following the unceremonious ...

British energy giant BP on Tuesday reported a sharp rise in net profit for the third quarter as higher oil output and ...

It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion Read more at The Business Times.

BP has said it plans to strip out further costs as it posted a smaller than expected drop in quarterly profits.

Oil supply growth outside OPEC+ could decline by April, while demand remains robust, BP's Chief Executive Murray Auchincloss said on Monday.

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.