The Latest Breaking News from British Petroleum

British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.

BP HAS said it will cut 4700 jobs across its global workforce and 3000 contractor roles as part of a cost-saving drive, prompting concerns for…

Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

The energy firm is aiming to save two billion US dollars across two years

The Los Angeles fires are a national disaster of epic proportions. City officials, California Gov. Gavin Newsom and President-elect Donald Trump have traded accusations about what caused this crisis. But as an engineering professor who lives in Los Angeles and has studied extreme events and natural and human-caused disasters for…

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday.

Chief executive Murray Auchincloss is ‘recovering well’ and will be back in the office by February, the group said.

BP boss Murray Auchincloss is ‘recovering well’ and will be back in the office by February

Local fuel draining service called by over 40 affected drivers

From post and planes to TV, phones and retail chains – and even a central bank – here are the chiefs facing the most testing of times