BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

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

BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.

The U.S. Securities and Exchange Commission on Thursday settled charges against hedge fund Two Sigma over failure to address ...

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation ...

BP has delayed a New York investor event to allow boss Murray Auchincloss to recover after a medical procedure. The oil giant ...

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, as the London-based ...

Oil giant BP has delayed an investor event due to be held in New York to allow boss Murray Auchincloss to recover after a ...

BP Plc eliminará 4.700 puestos internos, alrededor del 5% de su fuerza laboral, y más de 3.000 empleos de contratistas, comunicó el director ejecutivo, Murray Auchincloss, al personal el jueves, como ...

Chief exec Murray Auchincloss (pictured) told staff the oil giant would axe 4,700 roles - 5% of its global workforce - and ...