BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

Oil group BP Plc <BP.L> stepped up the pace of its turnaround on Tuesday, outlining a plan to slash its workforce by 15 percent, cut over $1 billion in costs and adopt a more generous dividend ...

The recent crash in oil prices has made BP’s road to recovery from a massive setback it faced as a result of the 2010 Deepwater Horizon incident even more challenging.

BP Plc’s plan to turn around years of poor performance got off to a rocky start as the first set of earnings since the company’s big strategy reset disappointed investors. Author of the article: ...

Flat capex with upstream taking the bigger chunk BP has managed to keep its capex largely flat since 2012, and the trend is likely to continue in the future as well. Capex for 2014 is expected to ...

If the BP ( BP) saga is a tale of three acts, Act One will soon be complete. The company's leaking well is almost capped, new management is in place and a plan is emerging that will help cover ...

2017 will be a solid turn-around year for BP with clarity on Deepwater Horizon liabilities and positive free cash flow. Skip to content. ... Overview of BP's turnaround plan.

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe 600 Energy Index, which rose 0.2%.

The stakes are high, yet BP’s vulnerability could also be the genesis of a true Ben Graham-style value opportunity should the turnaround plan bear fruit. New targets for an energy expansion phase ...

Oil group BP <BP.L> stepped up the pace of its turnaround on Tuesday, outlining a plan to slash its workforce by 15 percent, cut over $1 billion (509 million pounds) in costs and adopt a more ...