BP p.l.c. downgraded to Hold as weak refining margins, well-supplied energy markets, and limited growth prospects weigh on earnings. Learn more on BP stock here.

The expanded layoffs are part of BP's broader "reset" strategy, first announced in January, aimed at slashing costs by $2 billion by 2026. That shift includes stepping back from renewables and ...

The London-based energy company said it would launch a new cost review and evaluate its portfolio, as it presses ahead with a ...