Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.
Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...
BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...