Chocolate maker and cocoa processor Barry Callebaut reported a lower sales volume than expected for its first quarter on ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

BP is warning of weak fourth-quarter profits as a result of weaker production, refining margins and trading.

BP will cut over 5% of its global workforce as part of a strategy to reduce costs and rebuild investor confidence. CEO Murray ...

A Scottish Labour MP has compared the closure of Scotland’s only oil refinery to the “social devastation” caused by the ...

BP announced today it was cutting around 1,000 jobs at a huge oil refinery. The company said the decision followed a 10-week review of the Grangemouth refinery and petrochemical complex in Scotland.

Murray Auchincloss took the helm at the supermajor in September 2023, promising to turn around the company’s fortunes ...

Wells Fargo lowered the firm’s price target on BP (BP) to $30 from $31 and keeps an Equal Weight rating on the shares. The firm is also ...

TotalEnergies expects hydrocarbon production in the fourth quarter to increase slightly, but refining margins to remain weak, ...

For example, when oil prices are low and the upstream business is suffering, the downstream businesses will be benefiting ...