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 ...

Bullish option flow detected in BP (BP) with 11,771 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 35.77%. 2/28 weekly 33 calls and Feb-25 33 calls are the most active ...

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 ...

(Reuters) - Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block ...

Despite a 14% decline in its stock price this year, bringing it to approximately $29 per share, we believe BP plc stock (NYSE: BP) has the potential for long-term growth. Although the ongoing ...

BP’s share price has tracked the oil price lower this year, but I think giant new oil deals hold the prospect of huge revenue that could boost the stock. When investing, your capital is at risk ...

UK oil major BP and Japan’s JERA group have emerged among the winners in Japan’s third offshore wind tender, as results emerged on Tuesday. The government of Japan awarded exclusive development rights ...

WHITING, Ind. — A supply line leak Thursday morning at the BP plant in Whiting is causing a foul odor. According to the fire department, BP is aware of odors coming from an underground small ...

The BP share price enters 2025 in poor shape, after a tricky year for energy stocks. Harvey Jones looks at how things could pan out over the next 12 months. When investing, your capital is at risk.