BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe ...
Murray Auchincloss, the chief executive of BP, last year vowed to cut costs by $2bn by the end of 2026 - Aaron M.
More cost-cutting efforts are planned this year and beyond, CEO Murray Auchincloss said, and the company has stopped or ...
The Associated Press on MSN12d
BP cutting 4,700 jobs worldwide as part of cost-saving driveIt will begin at 5 a.m. on Tuesday, Jan. 21, and end at 5 a.m. on Thursday ... In an email to staff on Thursday that has been ...
British energy giant BP says it will axe 4700 staff jobs, about 5% of its workforce, and is cutting thousands of contractor ...
“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent. The way the company has shifted priorities back and forth between ...
Reuters on MSN12d
BP cuts over 5% of workforce to reduce costsBP 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. Francis Maguire ...
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