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

Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...

British Petroleum (BP) has announced a significant restructuring initiative that will see the company lay off approximately 4 ...

BP will cut 4,700 jobs across its global workforce and 3,000 contractor roles, as part of a cost-saving drive. The company ...

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

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 ...

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

It comes as BP chief executive Murray Auchincloss puts emphasis on oil and gas to boost profits, scaling back on the group’s ...

CEO Murray Auchincloss informed staff of the layoffs in an email, which was shared with the PA news agency, on Thursday. He wrote: “I understand and recognise the uncertainty this brings for ...

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