After crews were able to contain the leak, now environmental groups are working to learn if there was any damage done.
BP has fallen further behind its fellow oil majors during Mr Auchincloss’ tenure as CEO and is now worth less than half as much as Shell. It has even been overtaken by companies that were once ...
It comes as BP chief executive Murray Auchincloss puts the emphasis on oil and gas to boost profits, scaling back on the group's key climate targets since taking the helm one year ago. "We have got ...
It comes as BP chief executive Murray Auchincloss puts the emphasis on oil and gas to boost profits, scaling back on the group’s key climate targets since taking the helm a year ago.
AP Since June, BP has halted or paused 30 projects to prioritize those with the highest profitability. The company has fallen behind other oil majors. BP, whose market capitalization was at $84.58 ...
BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...
Last year, BP also scaled back its plans to reduce the amount of oil and gas it produces by 2030. Under Looney, the company had previously promised that emissions would be 35% to 40% lower by the ...
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary ... for by those who can afford it. The oil giant will also remove 3,000 contractor ...
The oil and gas giants have come under increasing pressure to invest in wind and solar projects as well as other renewables as net zero goals loom. BP at one point pledged to cut oil and gas ...
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BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...