BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...

Results from Rhino Resources’ well could be unveiled soon as state oil company updates all Orange basin activities ...

With oil majors gearing up to publish their fourth quarter results in the coming weeks, investors will be looking to see if ...

The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower margins in the downstream business. But management has kept to its $3.5bn ...

BP has announced that it will shed about 4,700 staff, or more than 5% of its global workforce, as part of the chief executive Murray Auchincloss’s drive to reduce costs by $2bn. The cuts ...