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

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

BP p.l.c. faces tough times in the Energy space, with low margins. Learn why BP stock isn’t appealing and why other higher-quality stocks are preferable.

In November 2023, London-based BP PLC (NYSE: BP) announced plans to acquire the remainder of Lightsource BP, which had been a ...

It is evident from these examples that bp is leveraging AI across many facets of its business. Whether in production management, application modernization, fleet fueling, or retail store operations, ...

Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

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

U.S. liquefied natural gas exporter Venture Global couldn’t have timed its initial public offering better: It comes just days ...

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

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.

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

Lightsource bp announced it has completed the 187-MW Peacock solar project, located in San Patricio County, Texas, that will ...