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.

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

LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

Raymond James raised the firm’s price target on BP (BP) to $37 from $36 and keeps an Outperform rating on the shares. Despite the volatile ...

In a report released today, Paul Cheng from Scotiabank maintained a Hold rating on BP (BP – Research Report), with a price target of $36.00.

The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...

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