Tag Archives: BP

BP halves dividend after record loss, but the future looks bright

Following a record $6.7bn quarterly loss, BP has halved its shareholder dividend after the coronavirus pandemic hit global demand for oil. The loss was largely due to BP writing down the value of its assets after it cut its oil Read more »


BP to cut 10,000 jobs as virus hits demand for oil

BP has announced plans to cut 10,000 jobs worldwide following the global slump in demand for oil. Having paused redundancies during the peak of the pandemic the CEO of the oil giant told staff at the start of this week Read more »