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.

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

BP (BP) closed the most recent trading day at $31.45, moving -0.13% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.29%. Elsewhere, the Dow saw a ...

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

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

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

BP also has pulled back from a number of renewable energy projects, and according to media reports, abandoned a previous plan ...

The BP share price has gained 13% over the past few weeks. Christopher Ruane considers why and explains his long-term plan as ...

BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce, as part of companywide simplification ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...