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.

Inclusion of almost all of M&S’ addressable product range on its site and the likes of price cuts were said to have aided ...

Highlights:,Shell PLC is viewed more favorably than BP PLC heading into 2025 based on balance sheet strength.,Both companies ...

OKLAHOMA CITY, Jan. 13, 2025 (GLOBE NEWSWIRE) -- (NYSE: DVN) today announced key updates to its executive leadership team.

British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of ...

I understand and recognise the uncertainty this brings for everyone whose job may be at risk, and also the effect it can have ...

BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

UK supermajor said it told staff on Thursday that it plans to make the cuts this year, and will also remove 3000 contractor ...

Plc announced on Thursday plans to cut 4,700 internal positions and 3,000 contractor jobs. The move is part of the company's ...

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

The BP PLC ADR BP sank 0.22% to $31.22 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.86% to 42,297.12 ...

BP (NYSE:BP) will cut more than 5% of its global workforce, CEO Murray Auchincloss told staff on Thursday, as the company ...