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 cutting an additional 3,000 co ...
Upstream6d
Namibia high-profile exploration well close to completion: Namcor
Results from Rhino Resources’ well could be unveiled soon as state oil company updates all Orange basin activities ...
Investors Chronicle3d
Shell profits drop but cost-cutting boosts bottom line
The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower ...
worldenergynews.com2d
Shale Oil & Gas News
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees ...
Energy Voice4d
BP isn’t moving fast enough in the energy transition
An icon of an mail envelope. A decentered black square over a white square. BP CEO Murray Auchincloss. Adipec. Edward Reed/DCT Media Date; 02/10/2023. An impending ban on new petrol cars and the ...