A merger with Shell may also be in play. Responding to that pressure, CEO Murray Auchincloss, the 27-year BP veteran who replaced Looney, on Feb. 26 announced “a fundamentally reset strategy ...

In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who has studied its strategy.

You have your parents and you have a child. You have to plan for every ... Instead, it’ll make fossil fuels its top priority. CEO Murray Auchincloss said yesterday BP had been too optimistic ...

bp CEO Murray Auchincloss on Wednesday unveiled a long-awaited strategy ... That's quite a shift for a company that had been a poster child for Big Oil's efforts to decarbonize rapidly. bp invested ...

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 ...

BP is rolling back its renewable energy goals significantly (Nicholas Ansell/PA) BP chief executive Murray Auchincloss took a £2.3 million pay cut last year amid a slump in profit at the fossil ...

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 ...

BP CEO Murray Auchincloss said his company’s decision to slow spending in renewables and bump up petrochemical production was a logical step considering BP’s recent performance. “The last 12 ...

BP (BP.L) chief executive Murray Auchincloss took a £2.3 million pay cut last year amid a slump in profit at the fossil fuel giant. Mr Auchincloss took home £5.4 million in 2024 including bonuses and ...