Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Under the five-year agreement, bp will provide $20 million in financing to resume maintenance work at the anode blocks ...
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...
BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
Harvey Jones has taken advantage of the slump in the BP share price to pile into this FTSE 100 oil and gas giant. But there's ...
British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...