Shares in oil major BP rose as much as 7% to their highest since August in early trade on Monday after Reuters reported ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

The Rumaila field, one of the world’s biggest, is jointly operated by Iraq, BP Plc and PetroChina Co., and there are plans to bolster production to just over 2 million barrels per day by the end ...

LONDON, Feb 6 (Reuters Breakingviews) - Two decades ago, BP (BP.L), opens new tab made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace ...

(Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source familiar with the ...

In a report released today, Irene Himona from Bernstein maintained a Buy rating on BP p.l.c. (BP – Research Report), with a price target of p570.00. The company’s shares opened today at p417.30.

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

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 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 ...

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 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 ...

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% ...