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 ...

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

Shares of BP PLC BP rallied 1.37% to £4.29 Thursday, on what proved to be an all-around favorable trading session for the ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was ...

Geopolitical shifts in the troubled Middle East, highlighted by the overthrow of Syrian President Bashar Assad and Iran's ...

Elianne's parents have said they "are crippled with pain" following her death, but promised that "her legacy will live on", ...

Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...

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

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

BP is one of many companies with venture arms investing in the Bay Area. Where they put their money can signal a larger corporate strategy.