BP - HoustonNewMedia.org https://houstonnewmedia.org/tag/bp/ Building "Bridges" Across the Bayou City! Mon, 29 Jun 2020 18:02:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 BP - HoustonNewMedia.org https://houstonnewmedia.org/tag/bp/ 32 32 103504436 BP to sell petrochemical business to Ineos for $5B https://houstonnewmedia.org/bp-to-sell-petrochemical-business-to-ineos-for-5b/?utm_source=rss&utm_medium=rss&utm_campaign=bp-to-sell-petrochemical-business-to-ineos-for-5b Mon, 29 Jun 2020 18:02:33 +0000 http://houstonnewmedia.org/?guid=f2c89bd2fa06f4840b5d787de2c8d3f0 London-based BP PLC (NYSE: BP) will sell its petrochemical business, including a local plant, to London-based Ineos Group Inc.

The $5 billion price tag means BP met its $15 billion divestment goal a year ahead of schedule, officials said in a June 29...

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]]> 55992 BP expects multibillion-dollar impairment charges, write-offs in Q2 https://houstonnewmedia.org/bp-expects-multibillion-dollar-impairment-charges-write-offs-in-q2/?utm_source=rss&utm_medium=rss&utm_campaign=bp-expects-multibillion-dollar-impairment-charges-write-offs-in-q2 Tue, 16 Jun 2020 13:20:35 +0000 http://houstonnewmedia.org/?guid=a0122daa5f80af776eccdb88eb30fbd4 London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, is bracing for the ongoing effects of the Covid-19 pandemic.

The energy giant expects noncash impairment charges and write-offs in the second quarter to total between $13 bill...

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]]> 52699 BP to cut 10,000 jobs, reports say https://houstonnewmedia.org/bp-to-cut-10000-jobs-reports-say/?utm_source=rss&utm_medium=rss&utm_campaign=bp-to-cut-10000-jobs-reports-say Mon, 08 Jun 2020 13:05:20 +0000 http://houstonnewmedia.org/?guid=5dbac5f9c10520388b4c9549cf27d6af London-based energy giant BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, plans to cut about 15% of its global headcount, Reuters and the Associated Press reported June 8.

Sources told Reuters that CEO Bernard Looney told employees in a...

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]]> 50629 New BP America president and chairman named https://houstonnewmedia.org/new-bp-america-president-and-chairman-named/?utm_source=rss&utm_medium=rss&utm_campaign=new-bp-america-president-and-chairman-named Thu, 28 May 2020 12:53:25 +0000 http://houstonnewmedia.org/?guid=5f7f5cedb95498d17e568cb79557a08f London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, announced May 28 that David C. Lawler will be the next chairman and president of BP America Inc.

Lawler is currently CEO of BPX Energy, the company's Lower 48 division, which ...

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]]> 47846 BP CFO to retire, successor named https://houstonnewmedia.org/bp-cfo-to-retire-successor-named/?utm_source=rss&utm_medium=rss&utm_campaign=bp-cfo-to-retire-successor-named Wed, 22 Jan 2020 20:02:12 +0000 http://houstonnewmedia.org/?guid=ecd1f4c6b964c651060e29fad2934399 London-based BP PLC (NYSE: BP), which has its U.S. headquarters in Houston, is getting a new CFO later this year in addition to a new CEO.

Current CFO Brian Gilvary will retire from the company and step down from BP's board on June 30, according to a...

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