Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday. That amounts to about 5% of its total workforce.

British multinational oil and gas company BP announced on Thursday that it would reduce its workforce by thousands as part of a significant cost-cutting initiative. The company aims to streamline its ...

British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...

British Petroleum (BP) Plc has announced plans to cut about 7,700 jobs as part of its ongoing efforts to reduce costs in 2025 ...

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

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

The British ambassador to Baghdad said on Wednesday that BP will engage the Kurdistan Region regarding its controversial ...

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

BP is one of many companies with venture arms investing in the Bay Area. Where they put their money can signal a larger corporate strategy.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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