In a report released today, Biraj Borkhataria from RBC Capital maintained a Hold rating on BP p.l.c. (BP – Research Report), with a price target of £4.80. The company’s shares opened today at ...

In a report released today, Irene Himona from Bernstein maintained a Buy rating on BP p.l.c. (BP – Research Report), with a price target of p570.00. The company’s shares opened today at p417.30.

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

UK supermajor BP signed a deal with the Iraqi government on Tuesday to evaluate redevelopment of Kirkuk oil and gas fields, the Iraqi Prime Minister’s office said. “The objective is to enhance ...

LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

BP Plc’s Chief Executive Officer Murray Auchincloss faces a critical moment next month when he makes the delayed presentation of a new strategy to investors. The sprawling energy producer has ...

BP will still publish its fourth-quarter and full-year results as planned on Feb. 11. Auchincloss is expected at the capital markets event to unveil his strategy for the company, after sharply ...

BP is adapting to high operating expenses, declining oil prices while adapting with the current and new trends in the energy sector as the world is shifting to clean energy from traditional oil ...