Even a major oil company is laying off thousands of workers to cut costs
Oil giant BP (BP) is laying off about 5% of its workforce as it looks to bring down costs, CEO Murray Auchincloss told staff ...
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Chevron Faces Setback as Its Well Fails to Yield Commercial Oil
Chevron Corporation CVX, one of the world’s leading oil companies, recently announced that the company did not discover commercially viable hydrocarbon reserves in its Kapana 1X exploration well in ...
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Oil giant BP cuts thousands of jobs to slash costs
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is ...