BP to Reset' Strategy After Pressure From Investors, C.E.O. SaysBP's CEO promises a strategic reset, focusing on increasing oil and gas production while reducing investment in low-emission technologies.
British oil giant BP profits slump amid decline in oil refining marginsBP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
BP to cut thousands of jobs as cost saving drive - London Business News | Londonlovesbusiness.comBP is reducing its workforce by cutting 4,700 jobs and 3,000 contractor roles as a cost-saving measure.
Shell boss paid 8m in 2023 as oil and gas giant waters down climate pledgeShell CEO's pay package of 7.94m included a base salary, bonus, and long-term incentive payment.Shell and BP are revising climate targets, focusing on reducing net carbon intensity in energy products.
BP to Reset' Strategy After Pressure From Investors, C.E.O. SaysBP's CEO promises a strategic reset, focusing on increasing oil and gas production while reducing investment in low-emission technologies.
British oil giant BP profits slump amid decline in oil refining marginsBP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
BP to cut thousands of jobs as cost saving drive - London Business News | Londonlovesbusiness.comBP is reducing its workforce by cutting 4,700 jobs and 3,000 contractor roles as a cost-saving measure.
Shell boss paid 8m in 2023 as oil and gas giant waters down climate pledgeShell CEO's pay package of 7.94m included a base salary, bonus, and long-term incentive payment.Shell and BP are revising climate targets, focusing on reducing net carbon intensity in energy products.
TravelCenters of America exec takes head of marketing role at BPAlyssa Callahan is BP's new head of marketing for the Americas, focusing on loyalty and brand expansion.
BP names new head of digitalJoseph Fumo has been appointed as head of digital for BP North America.His role will include driving digital delivery across multiple iconic brands.
TravelCenters of America exec takes head of marketing role at BPAlyssa Callahan is BP's new head of marketing for the Americas, focusing on loyalty and brand expansion.
BP names new head of digitalJoseph Fumo has been appointed as head of digital for BP North America.His role will include driving digital delivery across multiple iconic brands.
One of the world's biggest oil companies is cutting thousands of jobsBP is cutting 7,700 jobs as part of a strategy to simplify and enhance competitiveness.
BP to cut 4,700 jobs and 3,000 contractor roles to help save 1.6bnBP is cutting 5% of its workforce to save at least $2 billion by 2026 and address shareholder concerns.
One of the world's biggest oil companies is cutting thousands of jobsBP is cutting 7,700 jobs as part of a strategy to simplify and enhance competitiveness.
BP to cut 4,700 jobs and 3,000 contractor roles to help save 1.6bnBP is cutting 5% of its workforce to save at least $2 billion by 2026 and address shareholder concerns.
Gaza war victims take legal action against BP over oil supply to IsraelBP faces legal action from Palestinian victims for alleged complicity in human rights abuses related to supplying oil to Israel's military.
BP warns of an impairment charge of up to 1.6 billion - London Business News | Londonlovesbusiness.comBP warns of financial hit for Q2 due to impairments and contract provisions.
Gaza war victims take legal action against BP over oil supply to IsraelBP faces legal action from Palestinian victims for alleged complicity in human rights abuses related to supplying oil to Israel's military.
BP warns of an impairment charge of up to 1.6 billion - London Business News | Londonlovesbusiness.comBP warns of financial hit for Q2 due to impairments and contract provisions.
BP shifts offshore wind to joint venture amid retreat from renewablesBP is prioritizing access to zero-carbon energy through a joint venture with Jera for offshore wind development.The partnership aims to create a leading global wind developer while navigating shareholder pressures related to fossil fuels.
BP Profit Falls, but It Still Sees Potential to Grow' in Oil and GasBP's share price dropped over 3% after reporting lowest earnings in four years, indicating struggles with market conditions and strategic shifts.
Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry | TechCrunchBP's cancellation of hydrogen projects may negatively impact the future growth of the hydrogen industry.
BP shifts offshore wind to joint venture amid retreat from renewablesBP is prioritizing access to zero-carbon energy through a joint venture with Jera for offshore wind development.The partnership aims to create a leading global wind developer while navigating shareholder pressures related to fossil fuels.
BP Profit Falls, but It Still Sees Potential to Grow' in Oil and GasBP's share price dropped over 3% after reporting lowest earnings in four years, indicating struggles with market conditions and strategic shifts.
Oil giant BP is killing 18 hydrogen projects, chilling the nascent industry | TechCrunchBP's cancellation of hydrogen projects may negatively impact the future growth of the hydrogen industry.
Investors need clarity on BP policy not boss's weak promisesBP's future financial strategy is uncertain, particularly regarding share buybacks and production cuts, amidst changing market dynamics.
BP's profits plummet - London Business News | Londonlovesbusiness.comBP's profits fell by nearly one-third to £1.75 billion, influenced by declining refining margins and analyst's forecasts.
BP drops goal to reduce oil and gas outputBP has abandoned its 2030 oil and gas output cut target to regain investor confidence under CEO Murray Auchincloss.
Investors need clarity on BP policy not boss's weak promisesBP's future financial strategy is uncertain, particularly regarding share buybacks and production cuts, amidst changing market dynamics.
BP's profits plummet - London Business News | Londonlovesbusiness.comBP's profits fell by nearly one-third to £1.75 billion, influenced by declining refining margins and analyst's forecasts.
BP drops goal to reduce oil and gas outputBP has abandoned its 2030 oil and gas output cut target to regain investor confidence under CEO Murray Auchincloss.
Very concerning': BP dilutes net zero targets as global retreat from green standards gathers paceBP's ambitious net-zero transformation has faltered, signaling a retreat from environmental commitments amidst rising oil prices and internal leadership turmoil.
BP extends use of AI via five-year deal with spy tech firm PalantirBP is leveraging AI to enhance decision-making speed and operational performance in collaboration with Palantir.
BP profits surge beating analysts expectations - London Business News | Londonlovesbusiness.comBP posted $2.8 billion in Q2, beat profit forecast, raised dividend.
BP reveals plans to deliver 1.6 billion in cost cuttingBP reported a drop in underlying replacement cost profit in the first quarter, aiming for extra cost savings and operational improvements.
BP profits surge beating analysts expectations - London Business News | Londonlovesbusiness.comBP posted $2.8 billion in Q2, beat profit forecast, raised dividend.
BP reveals plans to deliver 1.6 billion in cost cuttingBP reported a drop in underlying replacement cost profit in the first quarter, aiming for extra cost savings and operational improvements.
Russian Gains, U.S. Aid, Kremlin Shakeup: State of the Ukraine WarPaul Kolbe has extensive experience in the intelligence field with roles in the CIA, BP, and Harvard University's Belfer Center for Science and International Affairs.
Tesla Supercharger slowdown finds a potential buyer in BPTesla planned slowdown in Supercharger Network expansion attracts potential buyer BP for real estate and talent acquisition.