BP, which has its U.S. headquarters in Houston, is working on cutting $2 billion in costs by the end of 2026. BP PLC (NYSE: BP) plans to cut about 4,700 jobs, roughly 5% of its global workforce ...

BP representatives could not immediately be reached for comment. BP employs around 4,000 people in Houston, its largest employee base in the world. It was not immediately clear whether Houston ...

Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions.

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

OneSubsea CEO Mads Hjelmeland told the Houston Business Journal that bringing together the three companies has created a ...

LONDON (AP) — LONDON (AP) — BP PLC (BP) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the London-based ...

BP will lay out a “fundamental reset of strategy and a new beginning” when it updates investors at the company's capital ...