Chevron (NYSE:CVX) said Friday it achieved first oil from newly built production and processing facilities at Kazakhstan's huge Tengiz oil field, completing a $48B expansion that will bring its ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of ... It comes as BP chief executive Murray Auchincloss puts the emphasis on oil and gas to boost profits, ...

Oilfield services giant Schlumberger SLB is attempting to find support at a pivotal level ahead of its upcoming earnings announcement. The stock is benefitting lately from renewed strength in the ...

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also said it was cutting 3,000 contractor roles and that 2,600 of those ...

British energy giant BP announced Thursday that it would slash 4,700 staff jobs, or 5% of its workforce, and cut thousands of contractor roles to reduce costs. The move is part of a "multi-year ...

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The oil giant BP is cutting thousands of jobs, the company announced on Thursday. In a statement sent to Business Insider, it said some 4,700 positions would be eliminated, while the number of ...

The company aims to achieve at least $2 billion in cash savings by the end of 2026. British multinational oil and gas company BP announced on Thursday that it would reduce its workforce by ...

BP is eliminating about 5% of its workforce as the London-based energy giant seeks to reduce costs ... BP has fallen further behind its fellow oil majors in recent years and is now worth less ...