President-elect Donald Trump’s choice to lead the Interior Department will champion America’s energy wealth as a means to ...

Fuel prices have gone up for the second time in less than a week after the Island Regulatory and Appeals Commission (IRAC) ...

In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.

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

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

Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, in order to reduce costs. BP has also told ...

BP CEO Auchincloss last year vowed to reduce the British company's costs by at least $2 billion by the end of 2026 as part of ...

I understand and recognise the uncertainty this brings for everyone whose job may be at risk, and also the effect it can have ...

More cost-cutting efforts are planned this year and beyond, CEO Murray Auchincloss said, and the company has stopped or ...

BP will be axing 7,700 jobs from its workforce as part of major cost cutting plans.

BP is cutting 4,700 jobs, or just over 5 per cent of its workforce, as part of an effort to save $2bn of costs and revive its share price.