A logo of BP at a gas station in London ... U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 ...

FILE - A logo of BP at a gas station in London, on Nov. 1, 2022. LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost ...

FILE - A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo/Kin Cheung, File) LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor ...

FILE - A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo/Kin Cheung, File) Last October, the company said it had identified $500 million of cost savings to be delivered this year ...

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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 ...

Wells Fargo lowered the firm’s price target on BP (BP) to $30 from $31 and keeps an Equal Weight rating on the shares. The firm is also lowering its Q4 EPS estimate to 44c on BP’s updated 6-K.

BP) is planning to cut around 4,700 jobs, representing over 5% of its workforce, as part of a major cost-reduction initiative, reports said. BP said, "..we have today told staff across bp that the ...

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 LONDON -- U.K.-based oil company BP is cutting 4,700 jobs worldwide and a ...