Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

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

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

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

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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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BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock. The ...