The BP layoffs are expected to affect over 5% of the company’s workforce, with the cuts mainly taking place among office ...

Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program.

Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

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Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive ...

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based ...

"We have got more we need to do through this year, next year and beyond, but we are making strong progress as we position bp to grow as a simpler, more focused, higher-value company," Auchincloss said ...

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BP is one of many companies with venture arms investing in the Bay Area. Where they put their money can signal a larger corporate strategy.