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BP, Shell
New York City lawsuit against Exxon, BP, Shell over climate change dismissed
A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil , BP and Shell liable for misleading the public about their products, and their commitment to renewable energy and fighting climate change.
Manhattan Court Dismisses NYC Greenwashing Lawsuit Against ExxonMobil, BP, and Shell
NYC's lawsuit against ExxonMobil, BP, and Shell for greenwashing has been dismissed by a state Supreme Court judge.
Judge dismisses NYC’s climate case against the fossil fuel industry
State Supreme Court Justice Anar Patel said the city failed to prove that Exxon Mobil, Shell and BP misled New Yorkers about the climate impacts of fossil
NYC lawsuit against Exxon, BP, Shell over climate change dismissed
With about 8.3 million people, New York City said the companies falsely portrayed themselves in ads and social media as climate change leaders despite minimal investments in clean energy
BP Cuts 4,700 Internal, 3,000 Contractor Roles
Texas-headquartered BP announces massive layoffs, workforce reduction
Houston-headquartered BP plans to cut 5 percent of its workforce—about 4,700 jobs—as part of a larger cost-cutting program. The company also intends to cut about 3,000 contractor positions. The oil and gas giant said in an internal memo sent to employees that the organization is aiming to reduce costs by at least $2 billion by the end of 2026.
BP Announces Layoffs, Aims to Cut At Least $2B in Costs by 2026
BP plc BP, the British oil and gas giant, has announced job cuts to reduce its global workforce as part of its cost-cutting initiatives to restore investors’ confidence in the energy stock. The company will reduce its global staff by 5%,
BP Cuts 4,700 Internal, 3,000 Contractor Roles as it Trims Costs
Employees at the oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive Murray Auchincloss.
5h
BP to cut 4,700 jobs and 3,000 contractor roles to reduce costs
LONDON – BP is eliminating 4,700 positions, about 5 per cent of its workforce, and more than 3,000 contractor jobs, chief ...
1d
on MSN
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP has been in a state of flux in recent months in the wake of the scandalous exit of former CEO Bernard Looney.
Crude Oil Prices
4h
BP Slashes Jobs, Bolsters Oil & Gas Operations
The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.
Rigzone
3d
BP CEO Auchincloss Faces a Crucial Test in Delayed Strategy Update
“BP, I’m afraid, is still in an identity crisis,” said Bank of America’s Head of European Energy Research Christopher Kuplent ...
8d
BP projects 44% jump in oil output from India's largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...
2d
BP forced to delay crucial investor meeting as boss recovers from surgery
The FTSE 100 oil giant said it has delayed next month's Capital Markets Day to allow chief exec Murray Auchincloss (pictured) ...
2d
Scotiabank Sticks to Its Hold Rating for BP (BP)
In a report released today, Paul Cheng from Scotiabank maintained a Hold rating on BP (BP – Research Report), with a price target of $36.00.
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