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

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...

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Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo ...

LONDON, Jan 16 (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 ...

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...

The company said most of the job cuts would come in office-based jobs rather than in operational roles. BP said the job cuts are part of a multiyear plan to reduce costs. "We are strengthening our ...