The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...

LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...

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BP is to cut 4,700 jobs and 3,000 contractor roles, as it seeks to fulfil its plan to make $2 billion (£1.6 billion) in ...

BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief ...

BP is to cut nearly 8,000 jobs as tough net zero rules pile pressure on oil and gas companies ...

“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...

India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field ...

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Crude oil futures began the new year with solid gains Thursday, helped by optimism for a potential recovery in China's economy and fuel demand after a pledge by President Xi Jinping to further ...

The US oil industry boom looks set to continue, as a majority of shale executives say they plan to increase their spending in the next year, according to a new survey from the Dallas Federal Reserve.