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

BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between ...

From the overall spotted trades, 10 are puts, for a total amount of $520,225 and 6, calls, for a total amount of $388,944.

BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...

BP shares were up 1% at 1200 GMT. Auchincloss last year said he would cut the British company's costs by at least $2 billion by the end of 2026 to boost returns and address investor concerns over ...

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

16 (UPI) --Petroleum giant British ... company announced. That amounts to about 5% of its total workforce. The company made the announcement in a memo to employees Thursday, CNN reported. BP ...

LONDON (Reuters) -BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.

BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book impairments of between $1.0 billion to $2.0 billion in the fourth quarter. BP also forecast ...