BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...
In the run-off of the energy crisis, BP reported its annual profit of $28bn in 2022, the biggest in the company’s 114-year history. That same year, Shell similarly broke records, with an annual ...
Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.
The FTSE 100 oil giant said it has delayed next month's Capital Markets Day to allow chief exec Murray Auchincloss (pictured) ...