BP locks out workers at Whiting refinery
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The energy major is continuing with a strategic reset, cutting costs and selling some assets in a bid to reduce its burdensome debt.
The transaction forms part of the British oil major's $20 billion divestment plan aimed at cutting debt and boosting returns.
BP says it is leaving its offices in Sunbury in Surrey and St James's Square in London. The company is set to move to new headquarters at Timber Square in Southwark in 2028. A senior member of Spelthorne Borough Council (SBC),
BP (BP) ended the recent trading session at $45.86, demonstrating a +2.8% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily loss of 0.28%. At the same time,
BP wins U.S. OK for its first new Gulf of Mexico field project since 2010 Deepwater Horizon disaster
BP received U.S. approval to advance its Kaskida project in the deepwater Gulf of Mexico, its first virgin field development in the region since the 2010 Deepwater Horizon disaster.