British energy giant BP on Thursday said it would axe 4 700 staff jobs and is cutting thousands of contractor roles to reduce ...

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

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

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

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief ...

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

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 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 ...

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