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

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 ...

A North Texas foundation leader is preparing for retirement. The Meadows Foundation CEO and president Peter Miller will step down as the organization’s leader at the end of 2025, the ...

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 ...

British Oil and Gas Company British Petroleum (BP) has completed the acquisition of the German Getec Energie GmbH, an energy supplier for commercial and industrial consumers in Germany. This is ...

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.

British oil and gas major BP announced on Thursday that it will be reducing its workforce by thousands as part of a ...

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

British Petroleum (BP) Plc has announced plans to cut about 7,700 jobs as part of its ongoing efforts to reduce costs in 2025. The company plans to cut 4,700 full-time jobs and dismiss over 3,000 ...

BP shares were up 1% at 1200 GMT. Auchincloss last year said he would cut the British company's costs by at least $2 billion by the end of 2026 to boost returns and address investor concerns over ...