Aker BP showed strong operational performance, with record cash flow, low production costs, and efficient project execution.
Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...
Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo ...
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...
British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...
BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.
BP employs more than 90,000 people currently, but according to CNN, that number will drop by more than 4,000 in 2025. With ...