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British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...

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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.

operated by global energy giant British Petroleum (BP) off Egypt's Mediterranean coast, has been completed. The drilling was carried out using the Valaris DS-12 drillship. The statement added that ...

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British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.

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.