BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...

BP announced on Thursday that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor ...

the chief executive officer of the London-based energy giant, informed staff of the decision. Bloomberg via Getty Images Upon discovering that Looney had not been fully forthcoming, BP announced ...

Shares in BP were up over 1% by early afternoon in London following the news. The company’s stock plummeted almost 16% over 2024 as Auchincloss tried to assuage investors’ concerns over its ...

At 9:00am EST on Thursday, the company's shares were trading at 428.65p on the London Stock Exchange, up 5.65p or 1.34%. Auchincloss told staff that BP was still "uniquely positioned to grow value ...

Copyright 2025 The Associated Press. All Rights Reserved. A logo of BP at a gas station in London, on Nov. 1, 2022. (AP Photo/Kin Cheung, File) Updated [hour]:[minute ...

An icon of a digital camera. An icon of a house. An icon of the Instagram logo. An icon of the LinkedIn logo. An icon of a magnifying glass. A magnifying glass icon that is used to represent the ...

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 ...

Oil giant’s boss introduces cost-cutting measures as Britain moves away from fossil fuels BP is to cut nearly 8,000 ... The rest are spread between its London offices and its North Sea oil ...

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 told staff on Thursday its plans would impact around 4,700 roles and that it would also reduce contractor numbers by 3000. BP is to cut thousands of jobs across its global workforce as it looks ...

BP shares rose by as much as 1.7% in London before paring gains. Thursday's announcement comes during a testing time for BP. Its stock price has fallen by 5% over the past year while those of its ...