BP To Make Global Job Cuts Mandatory : BP Layoffs 2020

BP To Make Global Job Cuts Mandatory : BP Layoffs 2020

By Christy Gren - Oct 19, 2020

Only a quarter of BP’s planned 10,000 job cuts is going to be voluntary. According to an internal memo, BP plans to make 7,500 mandatory redundancies this year.

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BP PLC announces dividend cut, shift to low carbon in second quarter results

BP PLC announces dividend cut, shift to low carbon in second quarter results

By Christy Gren - Aug 04, 2020

BP PLC announced its new strategy for net-zero and a shift to low carbon and customers alongside resilient operating performance during its second-quarter results announcement.

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British oil giant BP cuts up to $17.5 billion from assets’ value

British oil giant BP cuts up to $17.5 billion from assets’ value

By Anna Domanska - Jun 15, 2020

BP Plc will write down up to $17.5 billion from the value of its assets as the world’s six-largest oil and gas company revises longer-term energy price assumptions with the expec

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The Proverbial Glass Ceiling that Limits Stilettos in the Male Dominated Oil and Gas Industry

The Proverbial Glass Ceiling that Limits Stilettos in the Male Dominated Oil and Gas Industry

By Anna Domanska - Oct 07, 2014

The oil and gas industry has been traditionally tinted as an exclusive “boys’ club”. Statistics show that as much as 72 percent of oil and gas professionals are males, leavin

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Deadline for BP-Rosneft deal lapses: Talks to continue

Deadline for BP-Rosneft deal lapses: Talks to continue

By Carrie Ann - May 17, 2011

Despite the lapse of deadline set for British Petroleum’s proposed $7.8 billion share swap with Russian state-controlled oil company Rosneft, BP has said that it will continue t

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BP stakes in North Sea gas fields up for sale

BP stakes in North Sea gas fields up for sale

By Carrie Ann - Feb 23, 2011

In a major attempt to focus on operations in the central and northern parts of the oil-rich region, British Petroleum has announced plans to sell its stakes in gas fields in the so

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BP share prices shoot up following reports of Shell takeover

BP share prices shoot up following reports of Shell takeover

By Carrie Ann - Jan 05, 2011

Reports by The Daily Mail newspaper regarding Royal Dutch Shell having considered a takeover bid during the Gulf of Mexico oil spill resulted in oil major BP’s (British Petroleu

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