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

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo/, File) ...

British oil major BP Plc (BP.L, BP_UN.TO, BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of ...

BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...

Raymond James raised the firm’s price target on BP (BP) to $37 from $36 and keeps an Outperform rating on the shares. Despite the volatile ...

Shares of BP PLC BP rallied 1.28% to £4.34 Friday, on what proved to be an all-around favorable trading session for the stock ...

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

The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...

Here are some before and after pictures of the company's wordmark and logo. Here's a look at how the new wordmark and logo will appear on storefronts. Social media users react to Walmart's logo ...