BP is to cut nearly 8,000 jobs as the oil giant’s chief executive battles to cut costs by as much as $2bn (£1.6bn).

After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...

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

Around 6,000 of those are based in petrol and service stations and will not be affected by the cuts. Chief executive Murray ...

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief ...

BP announced on Thursday that it will cut around 4,700 staff, or over 5% of its total workforce, as part of CEO Murray ...

Plus, Brookfield finalises a mammoth dividend recap and a British activist investor rattles corporate Singapore ...

Javon Jackson scored 30 points and UIC beat Murray State 97-93 in double-overtime. Terence Harcum Harcum hit a 3-pointer with 3:19 left in the second OT to give Murray State its last lead, 93-91.

Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...

CHICAGO— Murray State can match its best start to a Missouri Valley Conference men’s basketball season tonight with a win at ...

Novak Djokovic and his new coach, Andy Murray, are taking advantage of a new setup at the Australian Open that gives players' ...