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.

Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.

Utility companies are responsible for fewer wildfires than those started by human activity, but still tend to be more destructive. According to researchers at University of California, Berkeley, ...

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

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

Oil giant BP has announced it will cut 4,700 jobs across its global workforce and 3,000 contractor roles as part of a ...

BP announced on Thursday (Jan 16) that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of ...

The oil and gas giant announced it would be making redundancies globally in a bid to cut costs. | ITV National News ...

BP told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000.

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 ...

BP ( BP) will eliminate 4,700 positions internally, ~5% of its workforce, and more than 3,000 contractor jobs, with more cost ...

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 ...