The parent of local oil and convenience store company Thorntons Inc. will shed jobs. U.K.-based oil company BP PLC is cutting ...

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

Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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

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.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, ...

The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.

City analysts expect the dividend on BP shares to keep growing. But just how robust are current estimates? Royston Wild takes ...