Murray Auchincloss News

16.01 / 22:45

markets COST Digital CEO reports BP cutting 4,700 jobs worldwide as part of cost-saving drive

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive

26.02 / 11:47

UPS Strategy Mobile Chevron Trade 2020 Updates BP to slash green spending, pivot back to oil

Subscribe to enjoy similar stories. LONDON : BP said it would boost oil-and-gas production and sharply cut investments in clean energy, pivoting back to fossil fuels in a bid to revive its flagging share price. The struggling British energy company announced the moves Wednesday as part of a much-anticipated strategy update aimed at winning over investors.

16.01 / 11:53

markets COST Reuters CEO Strategy PAM BP cuts over 5% of workforce in CEO cost cut drive

BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs.

30.07 / 11:29

COST Action Trade reports UK oil giant BP to hand shareholders $7 billion this year by buying back stock even as profit falls

U.K.-based oil giant BP PLC said it will reward shareholders to the tune of $7 billion this year through the purchase of its own stock, even as it reported a near 30% decline in profits in the first half of 2024

01.05 / 11:53

COST UPS Waters Platform Chevron wellness Interviews BP bets big, again, on the Gulf of Mexico

THUNDER HORSE OIL PLATFORM—This hulking production base 150 miles offshore from New Orleans has long embodied BP’s outsize ambitions in the Gulf of Mexico and also reflected its recurring setbacks. Stretching roughly three football fields and pumping crude from more than a mile below the water’s surface, Thunder Horse in 2005 was found listing so precariously that it appeared in danger of sinking. Once it got roaring in 2008, three years behind schedule, it helped BP cement its position as one of the Gulf’s leading producers, capable of some of the industry’s biggest technical marvels.

22.02 / 04:49

CEO BlackRock Tapestry Celebrity Meta Ceo reports International Wedding bells for Anant Ambani, Radhika Merchant! Bill Gates, Mark Zuckerberg, and THESE foreign guests likely to attend

Anant Ambani and Radhika Merchant as pre-wedding festivities will take place in Jamnagar, Gujarat from March 1 to March 3. The functions are expected to take place in a traditional yet grand way.

14.12 / 14:25

Career CEO Assurant 2020 Relationships BP denies ex-CEO Looney a $41 million payout, saying he misled the firm over work relationships

BP says its former chief executive has been denied a payout of 32.4 million pounds, or $41 million, after he was found to have misled the company over his past relationships with colleagues

02.10 / 09:59

CEO Occidental President Shell Watch live: Top oil CEOs join CNBC at ADIPEC to discuss the energy transition

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14.09 / 10:35

Williams CEO Relationships BP boss Bernard Looney resigns over past relationships with colleagues; CFO Murray Auchincloss takes interim charge

Covid pandemic and Russia’s invasion of Ukraine, both of which caused disruption in energy markets. There have been speculations as who will be new boss.

13.09 / 16:17

UPS Waters Career CEO Shell BP leader is the latest to resign over questions about personal conduct

Global energy giant BP is scurrying to find a new chief executive after CEO Bernard Looney became the latest corporate leader to step down amid questions about his personal conduct

13.09 / 14:53

UPS Lowe's CEO Assurant Relationships BP CEO Looney resigns over personal relationships with colleagues

By Ron Bousso and Shadia Nasralla

13.09 / 01:39

Career CEO Relationships BP chief Bernard Looney resigns over past relationships with colleagues

BP has resigned after he accepted that he was not «fully transparent» in his disclosures about past relationships with colleagues, the company said Tuesday.Bernard Looney, 53, took on the role in February 2020. He is stepping down with immediate effect and will be replaced by Chief Financial Officer Murray Auchincloss on an interim basis, BP said. A statement from the firm said its board reviewed allegations relating to Looney's conduct «in respect of personal relationships with company colleagues» in May last year.

facts about Murray Auchincloss

Who is Murray Auchincloss?

Murray Auchincloss is a public personality featured in various analyses related to current events.

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Murray Auchincloss frequently draws public interest due to widely discussed behavior, which raises concern among experts and the public.

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