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

BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

The U.S. Securities and Exchange Commission on Thursday settled charges against hedge fund Two Sigma over failure to address ...

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 ...

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

BP Plc eliminará 4.700 puestos internos, alrededor del 5% de su fuerza laboral, y más de 3.000 empleos de contratistas, comunicó el director ejecutivo, Murray Auchincloss, al personal el jueves, como ...

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

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based ...