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

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

BP resumed production at one of two platforms in Azerbaijan’s biggest natural gas deposit of Shah Deniz. It had stopped work ...

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Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

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.

We recently published a list of 12 Best Fortune 500 Dividend Stocks To Buy Right Now. In this article, we are going to take a ...

BP, which employs around 4,000 in Houston, will eliminate thousands of roles to cut costs, according to reports from ...

BP’s delayed and over-budget Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal moved another step closer ...

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

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