Russia’s refined-fuel exports headed for an 11-month high before the US slapped fresh sanctions on the country’s energy ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest US sanctions on Russia and ...

Along with this, BP also plans to cut 3,000 contractors. The company currently employs some 87,800 people globally. The lay ...

Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility ...

Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”) today announced the expansion of its executive management team with the addition of four seasoned industry leaders. These appointments ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor ...

BP has said it will cut 4,700 jobs across its global workforce and 3,000 contractor roles after it stopped or paused 30 projects since 2024. The company did not disclose how many people were affected ...

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...

BP is cutting 4,700 jobs – around 5% of its global workforce – in a bid to curb costs and boost investor confidence.

BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on ...

A major British oil and gas company has announced plans to reduce its workforce by 4,700 jobs and cut 3,000 contractor roles as part of its cost-saving efforts.