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.

An icon of the Whatsapp messenger app logo. An icon of an mail envelope. A decentered black square over a white square. BP's North Sea HQ in Dyce, Aberdeen. BP’s confirmation that it will be ...

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Shares of BP PLC BP inched down 0.92% to £4.20 Friday, on what proved to be an all-around poor trading session for the stock ...

In a report released today, Biraj Borkhataria from RBC Capital maintained a Hold rating on BP p.l.c. (BP – Research Report), with a price ...

BP PLC BP shares inched down 0.59% to £4.24 Thursday, on what proved to be an all-around favorable trading session for the ...

BP (BP) restarted its Alpha platform, which feeds into natural gas export streams to Europe, on Saturday evening after being out of operation ...

The company made the announcement in a memo to employees Thursday, CNN reported. BP said it had plans to cut as many as 3,000 contractor jobs, 2,600 of which already had been eliminated.

LONDON — 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. In an email to staff on Thursday that has been seen by The ...

Energy giant BP is to cut 4,700 jobs from its workforce across the globe and 3,000 from its contractor, making a total of 7,700. The company employs some 90,000 employees worldwide. Its chief ...