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BP to axe thousands of jobs
BP to axe thousands of jobs as it issues warning over oil and gas production
The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last year. View on euronews
BP Slashes Jobs, Bolsters Oil & Gas Operations
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Oil giant BP axing thousands of jobs
BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year.
BP cutting 4,700 jobs
BP to cut 5% of global workforce, mostly from office staff
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday. That amounts to about 5% of its total workforce.
Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
BP Cutting 4,700 Jobs Worldwide as Part of Cost-Saving Drive
U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive
1d
BP, which employs around 4,000 in Houston, to cut thousands of roles globally, according to reports
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...
13h
BP price target raised to $37 from $36 at Raymond James
Raymond James raised the firm’s price target on BP (BP) to $37 from $36 and keeps an Outperform rating on the shares. Despite the volatile ...
4d
‘That should be illegal’: Man issues warning about using BP gas stations. He says it happens all the time
Following this declaration of ire against BP, he delineates why this is the case. “Because when you’re at the fuel station, you always have to put the black handle for diesel. Don’t confuse the green ...
GlobalData on MSN
1d
BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields
"BP to ink agreement with Iraq to redevelop four Kirkuk oil and gas fields" was originally created and published by Power ...
2d
on MSN
Iraq and BP to sign Kirkuk oil and gas deal by first week of Feb, oil minister says
Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, ...
Upstream
14h
BP and Iraq sign deal for Kirkuk redevelopment
Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...
9h
Texas-headquartered BP announces massive layoffs, workforce reduction
BP is not the only oil and gas company to cut its workforce. In September, Shell announced it would cut 20 percent of its ...
1d
BP warns of fourth-quarter profit hit, postpones capital markets day
BP warned that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while ...
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