Murray Auchincloss had just returned to BP Plc’s London headquarters from a long stint in other corners of the company’s global empire, when everything changed in an instant. Oil was gushing ...

BP boss Murray Auchincloss has defended the company’s move to increase fossil fuel production and ditch its renewable energy ...

Speaking on Tuesday at CERAWeek by S&P Global, a major energy conference in Houston, U.S., Murray Auchincloss decided to big up his February reset of the company. The move followed news of ...

CEO of BP Murray Auchincloss speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of ...

Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.

CEO Murray Auchincloss said that the company is focusing its spending on BP’s “highest-returning businesses to drive growth” and that it will be “very selective” in its investments in ...

On Wednesday, when BP holds a capital markets day, CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and ...

Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil major’s underperforming share price. BP boss Murray Auchincloss has defended the company’s move to ...

Auchincloss is under mounting pressure from BP investors, who are frustrated at the oil major's underperforming share price. BP boss Murray Auchincloss has defended the company’s move to increase ...