BP on Tuesday reported a stronger-than-expected second-quarter profit of $2.35 billion, exceeding analysts’ projections and highlighting a return to form amid ongoing global energy price volatility.

BP appointed Murray Auchincloss as chief executive, turning to a company veteran to continue the oil giant’s shift toward renewable energy. Auchincloss has run the London-based company on an ...

Chief executive Murray Auchincloss pledged the oil and gas group would do “better for its investors” and said there was “much more to do” under its current three-year plan. BP has been under pressure ...

Auchincloss, then chief financial officer, was named interim CEO at the time of Looney's exit. He has been at BP since the company's 1998 merger with Amoco Canada, which he joined in 1992.

BP Interim CEO Murray Auchincloss speaks at a panel discussion during the Abu Dhabi International Petroleum Exhibition and Conference on Oct. 2, 2023. (Ryan Lim/AFP via Getty Images / Getty Images) ...

BP close to naming Murray Auchincloss as permanent CEO- Sky News By Reuters January 16, 202412:32 PM PSTUpdated January 16, 2024 ...

BP has been under ongoing pressure from investors for underperforming compared to its rivals in recent years. In February, BP slashed its planned investments in renewable energy projects and said it ...

BP's CEO Murray Auchincloss earned 5.4 million pounds ($6.95 million) last year, the group said in its annual report on Thursday, down from 8 million pounds in 2023. BP's profits for last year ...

British energy group BP on Tuesday posted a net profit for the second quarter, in contrast to weaker results from energy rivals, as lower exceptional charges offset falling oil prices.- Sector woes - ...

BP to focus on shareholder returns over climate ambitions, CEO Murray Auchincloss says By Louis Goss Follow Published: May 7, 2024 at 11:28 a.m. ET ...

BP CEO Murray Auchincloss speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023.

Auchincloss, then chief financial officer, was named interim CEO at the time of Looney's exit. He has been at BP since the company's 1998 merger with Amoco Canada, which he joined in 1992.