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

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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 ...

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

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

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

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

UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as ...

BP revealed its fourth quarter 2024 upstream production is expected to be lower and said its chief executive is "recovering ...

Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.