Results from Rhino Resources’ well could be unveiled soon as state oil company updates all Orange basin activities ...

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

Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

The energy giant announced earlier this week that weaker oil and gas production would hit its fourth-quarter results for last ...

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.

BP chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm’s plans to cut 4,700 jobs ...

Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday. That amounts to about 5% of its total workforce.

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive order he could issue to halt wind energy projects. Offshore wind is a major ...

BP will cut over 5% of its global workforce, it said yesterday, as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence in the energy giant. Around 4,700 ...

Chief executive Murray Auchincloss (pictured) told staff yesterday the oil giant would axe 4,700 roles – 5 per cent of its global workforce – and 3,000 contractor positions. The cuts – part ...