BP reveals plans for group-wide costs and business review as profits fall

BP reveals plans for group-wide costs and business review as profits fall

BP bosses have unveiled plans to look for further cost cuts and a ‘thorough’ review of its portfolio as it comes under pressure from shareholders (PA)

BP bosses have unveiled plans to look for further cost cuts and conduct a “thorough” review of its portfolio as it comes under pressure from shareholders.

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.

Already a subscriber? Sign in

You have reached your article limit.

Take us with you this summer

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited