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

BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its share price.

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 ...

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...

BP Plc is cutting 4,700 positions internally and 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff ...

Read here for BPT Trustee's forced termination article, predicting potential equity wipeout and near term price target of ...

Analyst Doug Leggate of Wolfe Research maintained a Buy rating on BP (BP – Research Report), with a price target of $50.00.Stay Ahead of the ...

Wolfe Research analyst Doug Leggate reiterated an Outperform rating and $50 price target on BP (BP) following the company’s Q4 trading ...

The FTSE 100 closed at its lowest level since the turn of the year on Tuesday as market caution continued. Weakness among oil ...

BP Expects to Book Up to $2 Bln in Charges, Sees Lower Upstream Production BP said it expects to book impairments of $1.0 billion to $2.0 billion in the fourth quarter while upstream production is ...

European markets gave up earlier gains to close lower Tuesday, as global investors assessed a cooler-than-expected U.S.