LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive. In an email to staff on Thursday that has been seen by The ...

5: Energy giant BP announced Thursday it would cut 4,700 employees and 3,000 contractors, a total of more than 5% of its global workforce. The move is part of a broader strategy that aims to bring ...

Californians could take the brunt of the fallout from the sudden shutdown of an Alaskan oil field, with gasoline prices rising as much as 10 cents a gallon and supplies dwindling during the ...

Tight supply and undaunted demand mean oil will be expensive for the foreseeable future, BP CEO Tony Hayward told Houston business leaders Thursday. Analysts have said speculators, the weak dollar and ...

BP plc plans to stop producing fuel in Australia and will convert its loss-making Kwinana oil refinery, the biggest of the country's four, into a fuel import terminal because of tough competition in ...

BP Plc (BP) stock was in the spotlight on Tuesday after CEO Murray Auchincloss highlighted the company’s strong performance in recent projects and announced a major discovery in Brazil. The renewed ...

OSLO, Oct 30 (Reuters) - Norwegian oil major Aker BP (AKRBP.OL), opens new tab is open to expansion via mergers and acquisitions even as it undergoes a period of rapid investment in its own ...

Californians could take the brunt of the fallout from the sudden shutdown of an Alaskan oil field, with gasoline prices rising as much as 10 cents a gallon and supplies dwindling during the ...