Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.
British multinational oil and gas company BP announced on Thursday that it would reduce its workforce by thousands as part of ...
Iraq branch chief on Tuesday said that the company’s new agreement to redevelop four key oilfields in Kirkuk province will ...
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs ...
Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo ...
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Under the five-year agreement, bp will provide $20 million in financing to resume maintenance work at the anode blocks ...
The company employs 90,000 people worldwide and the internal job cuts represent around 5% of its workforce.
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London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...