It doesn't look as if cuts to buybacks and capex will preserve enough cash for Big Oil — some new job cuts have been ...
BP expects a rise in upstream production and higher refining margins in its products segment to boost earnings, but warned of a weak contribution from its oil trading division.
BP expects third-quarter upstream production to rise from the previous quarter and anticipates a boost of up to $400 million from higher refining margins in its products segment.
Large-format charging stations with dozens of chargers, bathrooms, trash cans, lounges, vending machines, and more are the ...
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BP Plc notified officials in Chicago and the state of Illinois of possible layoffs affecting more than 250 salaried employees at the company’s offices, BP said in a statement.
BP swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and continued to weigh on fuel demand and refining profits.
New BP Chair Albert Manifold told employees in a memo that the company portfolio was overly complex and it needed to be ...
BP's new Chair, Albert Manifold, has told employees the company must accelerate its pivot back to oil and gas while ...
The threat of a government shutdown looms over the U.S. this week as members of Congress continue to reject a short-term bill that would keep the government running. Though Republicans control both ...
Current and former employees blame the closure of Iron Hill on the founders selling the brand to outside investors. Employees state the new ownership prioritized profits, leading to a decline in the ...
Global oil demand is set to rise through 2030 amid weaker-than-expected efficiency gains, BP said on Thursday in its 2025 Energy Outlook, in which the supermajor ditches its forecast from last year ...