BP made a big deal of repositioning itself as “Beyond Petroleum”. Then-CEO John Browne’s attempt to embrace lower-carbon ...
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CEO said the oil giant wants to be a "simpler, more focused" company, which has made numerous startup investments in the energy sector. BP PLC, once known as British Petroleum, said Thursday it ...
Jan. 16 (UPI) --Petroleum giant British Petroleum will cut 4,700 jobs this year in a cost-cutting measure, the company announced. That amounts to about 5% of its total workforce. The company made ...
BP shares were up 1% at 1200 GMT. Auchincloss last year said he would cut the British company's costs by at least $2 billion by the end of 2026 to boost returns and address investor concerns over ...
The Ministry of Petroleum and Mineral Resources announced Sunday that drilling for two additional wells in the Raven Gas Field, operated by global energy giant British Petroleum (BP) off Egypt's ...
The British oil and gas company bp, together with its partners, intends to invest $7 billion in the Indonesian Tangguh Ubadari, CCUS, Compression project (UCC). This is reported in a bp press release.
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