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

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...

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

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

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 ...

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

bp is making 4,700 staff redundant – more than 5% of its total workforce – and axing 3,000 contractors as it pushes to cut ...

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

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

Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve ...

Swan Defense and Heavy Industries Limited (SDHI), a private player in commercial & defence shipbuilding, ship repairs, and ...

Oil prices edged lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions ...