Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and ...
The BP layoffs are expected to affect over 5% of the company’s workforce, with the cuts mainly taking place among office ...
Norwegian technology company Vissim has been hired to deliver a Centralized Vessel Monitoring and Alerting System (CVMAS) to ...
Sources close to the company say there is growing frustration over the firm's direction, adding that the investor update on ...
Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve ...
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.
Meeting follows non-binding memorandum of understanding announced last August that paves way for BP’s redevelopment of Kirkuk ...
BP chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm’s plans to cut 4,700 jobs ...
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports.
Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost cutting measure, the company announced Thursday.
President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive ...