Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

Looney resigned in September 2023 due to his failure to fully disclose past personal relationships with colleagues, which were deemed a violation of the company’s code of conduct. BP had ...

TA's arrangement with BP Pulse supersedes a previous arrangement in which Electrify America was due to provide charging at ...

The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, ...

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

BP shares were up 1% at 1200 GMT. Auchincloss last year said he would cut the British company's costs by at least $2 billion ...

The reductions amount to just over 5% of BP’s 90,000 worldwide employees. Auchincloss’s memo said that about 2,600 of the ...

Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...