BP shedding almost 8,000 jobs globally as cost-cutting continues
The energy giant employs around 14,000 workers in the UK, although there’s no information as yet as to how many British workers will be impacted.
17 January 2025
17 January 2025
The energy giant employs around 14,000 workers in the UK, although there’s no information as yet as to how many British workers will be impacted.
The acquisition will enhance Helmerich & Payne's (H&P) cash flow by creating a more diversified and stable revenue stream.
The decision was largely viewed as ill-timed as LNG exports were proving to be of strategic importance amid the Ukraine conflict.
The project involves building storage facilities with a total capacity of 630,000m³.
The platform integrates operational data with methane detection inputs for accurate
The company’s board approved a 2025 budget of $140m (526.61m new sol), down by 14% from $163m in 2024.
The line is expected to remain closed through Friday (17 January).
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