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BP Cutting 4,700 Jobs

BP cutting 4,700 jobs worldwide as part of cost-saving drive

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.

Zacks.com on MSN · 1d

BP Announces Layoffs, Aims to Cut At Least $2B in Costs by 2026

BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock. The company will reduce its global staff by 5%,

Gulf News on MSN · 1d

BP to slash 4,700 jobs to cut costs

BP Plc is eliminating 4,700 positions internally, about 5 per cent of its workforce, and more than 3,000 contractor jobs, CEO Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

BP projects 44% jump in oil output from India's largest field, ONGC says

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...

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Oil giant BP stuns energy industry with decision to axe 18 major projects: 'Continuing to prioritize businesses that deliver earnings today'

Following low profits for Q3 2024, oil giant BP has divested investments from 18 of its early-stage hydrogen projects, as TechCrunch reported. Despite the gas' versatility and clean-energy ...

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Wood signs three engineering and project delivery agreements with bp

Energy industry consulting and engineering services provider Wood has entered into three major agreements with bp to provide engineering and project delivery services for the latter’s capital ...

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BP Cutting 4,700 Jobs

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