BP (BP) down 1.4% in early trading Tuesday after naming Gordon Birrell as head of its upstream division and Richard Harding as interim head of downstream, as it starts to fill in the details of its ...

BP CEO Meg O’Neill announced a leadership overhaul effective July 1 that restructures the company into upstream and downstream segments to streamline operations. The move reverses elements of a 2020 ...

Meg O’Neill is under pressure to deliver on a turnaround kicked off by previous CEO Murray Auchincloss last year From July 1, Gordon Birrell will be executive vice-president of upstream, while Richard ...

BP announced a reorganization into two business segments on Tuesday, naming leaders for each as it moves to simplify operations and accelerate decision-making under new CEO Meg O'Neill. Starting July ...

BP's William Lin, executive vice president of gas and low carbon, will remain in the office until Q3. BP last week unexpectedly fired Chairman Albert Manifold. New CEO Meg O’Neill previously told ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

BP abruptly removed Chairman Albert Manifold on Tuesday, citing "serious concerns" tied to governance, oversight and conduct issues, sending shares lower and deepening uncertainty at the oil giant.

BP announced on Tuesday the removal of chair Albert Manifold, citing concerns about “oversight and conduct” just eight months into Manifold’s tenure in the latest instance of leadership turmoil for ...

BP, the British oil major, has locked out roughly 800 union workers at its Whiting, Indiana, refinery after contract talks with the United Steelworkers broke down. This is no local matter. Whiting is ...

In an online union negotiations announcement, BP said it presented a “last, best and final offer” at 9 a.m. Monday. The offer comes “after nearly 60 formal meetings and hundreds of hours of exchanges ...

Sony Music’s RCA Records will relaunch the Jive label as a stand-alone company under the direction of Mike Weiss and David Melhado, who until recently were EVPs at United Masters, it was announced ...

The relaunch comes nearly 15 years after RCA folded the label back in 2011. By Ethan Millman Music Editor Jive Records is back. Sony Music’s RCA is reviving the iconic record label that served as the ...