The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...

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Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

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 ...

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British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to ...

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European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by ...

Results: Reliance Industries posted Q3 profit at Rs 21,804 crore, up 11.88 per cent as against Rs 19,488 crore during the ...

BP PLC is an integrated oil and gas company. Its business activities involved oil and natural gas exploration, midstream transportation, supply and trading of crude oil, petrochemicals products and ...