UK oil company BP cuts jobs to save costs
BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...
BP is a victim of wishful thinking on fossil fuels
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 ...
Upstream2d
Namibia high-profile exploration well close to completion: Namcor
Murray Auchincloss, chief executive of BP — Eni’s partner in Azule Energy which has a major stake in PEL 85 — was also pretty bullish last year, telling analysts that the prospectivity of ...
Upstream8h
Solving the AI puzzle: How tech innovator ‘revolutionised’ BP
With oil majors gearing up to publish their fourth quarter results in the coming weeks, investors will be looking to see if ...
LinkedIn5d
BP to shed almost 5,000 jobs as part of cost-cutting drive
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 ...