The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

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.

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...

Trio Petroleum Corp (NYSE American: “TPET”, “Trio” or the “Company”), a California-based oil and gas company, announced that as of January 7,2025, the Company had fully repaid senior secured ...

The Africa Centre for Energy Policy (ACEP) has urged the government to prevail upon Parliament to enact legislation that will convert all the margins on petroleum products into taxes to finance specif ...

According to the Organisation of the Petroleum Exporting Countries (OPEC), Dangote’s oil push in Nigeria is beginning to ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs. According to Bloomberg and Reuters and CNBC, which each cited a memo from ...

BP will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq.

British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...