BP (NYSE:BP) said Tuesday it is pushing back plans to make renewable fuels at the site of its former Kwinana oil refinery in Australia, the latest step in the company's broader cost-cutting drive.

BP Plc is pushing back plans to make renewable fuels on the site of its former Kwinana oil refinery in Australia, amid a broader cost-cutting drive within the company. “While bioenergy remains a ...

UK energy giant BP has hit pause on a clean fuels project worth around a A$1 billion (US$619 million) at its under-construction Kwinana energy hub in Western Australia. BP informed its employees ...

BP has shelved its $600 million renewable fuel hub at Kwinana ... The project's deferral comes amid a period of uncertainty for renewably focused fuel projects in Australia.

BP Australia has finalised its acquisition of X Convenience, expanding its network with 49 additional sites across South Australia and Western Australia. Paul Augé, BP’s Senior Vice President for ...

This is a milestone for Australia in the growth of bp’s strategic convenience and mobility business, expanding bp Australia’s network with 49 sites in South Australia and Western Australia. Paul Augé, ...

BP has said it will cut 4,700 jobs across its global workforce and 3,000 contractor roles as part of a cost-saving drive. The company did not disclose how many people were affected per country ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil giant BP (BP). This move has stirred up the London market, where ...

BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...

BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes as ...

BP had initially investigated Looney’s personal relationships in 2022, but at the time he assured the board that he had been transparent. However, new allegations surfaced in 2023, prompting the ...