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

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

British multinational oil and gas company BP announced on Thursday that it would reduce its workforce by thousands as part of ...

He has already taken major steps to reverse his predecessor's strategy of shifting away from oil and gas. As part of the new ...

Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...

Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo ...

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

Under the five-year agreement, bp will provide $20 million in financing to resume maintenance work at the anode blocks ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

Harvey Jones has taken advantage of the slump in the BP share price to pile into this FTSE 100 oil and gas giant. But there's ...