The BP share price has gained 13% over the past few weeks. Christopher Ruane considers why and explains his long-term plan as ...

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

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

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Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

BP resumed production at one of two platforms in Azerbaijan’s biggest natural gas deposit of Shah Deniz. It had stopped work ...

BP slashing 7,700 staff and contractor positions worldwide. BP told Business Insider it plans to cut 4,700 staff and 3,000 ...

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.

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

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Firmament, a leading provider of structured equity capital solutions to small- and medium-sized enterprises, announced its strategic investment in BP ...