More cost-cutting efforts are planned this year and beyond, CEO Murray Auchincloss said, and the company has stopped or ...

BP will cut over 5 per cent of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss’ efforts to ...

-- British oil-and-gas giant BP will cut 4,700 internal roles and 3,000 contractor positions as part of cost cutting measures, Bloomberg reports, citing an email sent to employees by Chief Executive ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, in order to reduce costs. BP has also told ...

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

President-elect Donald Trump’s choice to lead the Interior Department will champion America’s energy wealth as a means to ...

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 ...

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

British oil giant BP, once seen as a leader in the energy transition, is scaling back its ambitions, leaving its capital ...

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.