Oil giant BP cuts thousands of jobs to slash costs
LONDON: British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs. The move is part of a “multi-year programme to simplify” the group and improve performance, BP said in a statement.
BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...
The Supreme Court upheld on Friday a law banning TikTok in the United States on national security grounds if its Chinese ...
BP revealed its fourth quarter 2024 upstream production is expected to be lower and said its chief executive is "recovering ...
KEY TAKEAWAYS BP stock is falling in premarket trading Tuesday after the British oil giant said it expects to book ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback