President Donald Trump in his inaugural speech credited President William McKinley for making the United States “very rich” ...

BP investment would be over course of 25-year profit-sharing agreement Project aims to raise capacity to 450,000 bpd in 2-3 years Contract expected to be signed in the first half of February ...

The company said most of the job cuts would come in office-based jobs rather than in operational roles. BP said the job cuts are part of a multiyear plan to reduce costs. "We are strengthening our ...

Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

(Bloomberg) -- BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans. The oil and gas giant will be cutting 4,700 jobs across its global workforce alongside 3,000 contractor roles.

BP plans to eliminate some 4,700 jobs and 3,000 contractor roles this year in an effort to further reduce costs, the supermajor told Reuters on Thursday. The job cuts would be equal to around 5% ...

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs. According to Bloomberg and Reuters and CNBC, which each cited a memo ...