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

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

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 ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to ...

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.