Sprecher/Bloomberg BP is to cut nearly 8,000 jobs in the face of falling profits and rising shareholder concern over its ...

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

BP's focus on returning capital to shareholders is attractive, however, lower oil prices could impact the strategy. Read why ...

January 16, 2025 British Petroleum Plc ( NYSE:BP) announced to layoff more than 5% of its employees around the world, a total ...

The British oil-and-gas giant said the non-cash, post-tax charges are attributable across its business divisions.

Energy giant bp is cutting 5% of its global workforce to save costs. The reductions, amounting to around 4,700 jobs as well as 3,000 contractor roles, were announced in a staff memo. The company has ...

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

BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its ...

BP BP1.28%increase; green up pointing triangle said it expects to book impairments of $1.0 billion to $2.0 billion in the fourth quarter while upstream production is expected to fall. The British ...