NYSE:BP - New York Stock Exchange, Inc. - US0556221044 - ADR - Currency: USD
BP is cutting 4,700 jobs, or 5% of its workforce, as part of ongoing cost-reduction efforts.
In an email to Stocktwits, the company said it would let go of 4,700 employees and 3,000 contractors.
London-based BP said weak margins would cut its refining earnings between $100 million and $300 million compared to the third quarter.
Goldman Sachs and Fortinet are among the stocks investors should keep tabs on.
/PRNewswire/ -- Corteva Inc. (NYSE: CTVA) announced today a collaboration with bp (NYSE: BP, LSE: BP.L) on the companies' shared intent to form a crop-based...
Enbridge continues to find more ways to expand.
The Pan American Energy Group, half-owned by British oil major BP Plc, is mulling an investment to make clean jet fuel at its refinery outside Buenos Aires, according to people familiar with the matter.
U.S. supermajors Chevron and Exxon Mobil report third-quarter earnings and revenue before the market opens on Friday.