Tag : bp

Shell profits drop 16% but maintains strong shareholder returns
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Shell profits drop 16% but maintains strong shareholder returns

manamalive.com
British energy giant Shell reported a 16% drop in full-year profit for 2024, citing weaker oil and gas prices, lower refining margins, and reduced demand. Despite missing analyst expectations, the company raised its shareholder dividend...
BP announces 4,700 job cuts amid cost-saving measures
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BP announces 4,700 job cuts amid cost-saving measures

manamalive.com
BP, one of the world’s leading energy companies, announced on Thursday a significant workforce reduction as part of a broader cost-saving initiative. The British oil giant revealed that approximately 4,700 jobs will be cut this...