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

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve ...

Swan Defense and Heavy Industries Limited (SDHI), a private player in commercial & defence shipbuilding, ship repairs, and ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

BP chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm’s plans to cut 4,700 jobs ...

These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports.

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

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive ...

The US Bureau of Ocean Energy Management (BOEM) has finalized guidance aimed at mitigating the impacts of offshore wind ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...