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

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

British Petroleum posted profits of US$ 3.3bn (£2.7bn) between July and September, lower than predictions of US$ 4bn. Earnings were down from US$ 8.1bn in the same period in 2022 when BP made ...

(RTTNews) - British oil major BP Plc (BP.L, BP_UN.TO, 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.

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CEO said the oil giant wants to be a "simpler, more focused" company, which has made numerous startup investments in the energy sector. BP PLC, once known as British Petroleum, said Thursday it ...

BP (BP) restarted its Alpha platform, which feeds into natural gas export streams to Europe, on Saturday evening after being out of operation for more than a week due to an unplanned outage ...

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 ...

BP has said it is cutting 4,700 jobs across its global workforce and 3,000 contractor roles as part of a cost-saving drive across the company. Just over 5% of its 90,000 worldwide employees will ...