British oil and gas giant BP on Monday announced that it has made its biggest oil and gas discovery in more than two decades thanks to a drilling operation off the coast of Brazil.

BP will review its portfolio of assets and consider further cost cuts as part of a drive to do better for shareholders, the ...

BP will cut over 6000 jobs this year as part of a new review of its business and cost base, as the UK supermajor remains under pressure from investors to turn around profitability and reinvigorate the ...

Chris Burgess was back to his goalkicking best and Lachie Sholl starred as Adelaide handed Sturt its first loss of the SANFL ...

The Evening Standard newspaper said shareholders called on the company to do more to curtail costs, and pressure from them, led by activist investor Elliott Management, which recently took a 5 percent ...

BP – like its rival Shell and other peers – has shifted away from net zero ambitions to focus on extracting more oil and gas, following pressure from some investors to boost its profits. Activist ...

The FTSE 100 index - regarded as the bellwether of our economy - has soared by 11 per cent this year to reach a record high ...

Second quarter results offered some early hints that the supermajor's strategy reset may be bearing fruit - investors will want more before they're convinced ...

BP has been under pressure from shareholders to boost profits and cut costs, with activist investor Elliott Management recently taking a 5% stake in the group. Half-year profits on Tuesday showed ...

The newest kid on the record bar block is HiFi at The Finn, located inside the downtown culinary hall. After the building was ...

Since the start of 2025, the BP share price has underwhelmed. Even so, our writer reckons the energy giant's stock has great ...