BP, the British oil major, has locked out roughly 800 union workers at its Whiting, Indiana, refinery after contract talks with the United Steelworkers broke down. This is no local matter. Whiting is ...
BP (BP) shares clocked seven straight sessions of gains, as the stock rose 2.9% at $45.90 on Thursday. The energy giant gained over 7% in the preceding six sessions. The stock has surged 34% so far ...
Hundreds of workers were locked out of the BP refinery in Whiting, Indiana, on Thursday after contract negotiations failed to produce a deal ahead of a midnight deadline. Since midnight Wednesday ...
BP said it made the move over concerns about a possible strike and will continue operating the refinery with trained staff. The union said the company is demanding cutting jobs and pay cuts. The ...
BP refinery workers in Northwest Indiana held a rally this past weekend as they escalate their fight for a contract. The rally came after three weeks of rolling 24-hour contract extensions. The United ...
BP (BP) -3.5% in Thursday's trading as HSBC downgraded shares to Reduce from Hold with a £4.30 price target, lowered from £4.75, saying its stock buyback suspension leaves the company with the ...
BP Plc is halting share buybacks to shore up its balance sheet as pressure mounts on the UK energy giant to deliver on its turnaround. The company slashed a $750 million quarterly stock repurchases ...
BP BP2.00%increase; green up pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...
LONDON, Feb 10 (Reuters) - BP (BP.L), opens new tab suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending its shares down 7% in ...
The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief executive, Meg O’Neill. By Stanley Reed Reporting from London BP, the ...
BP (NYSE: BP) is suspending share buybacks and retiring the goal to return 30-40% of operating cash flow to shareholders, as the supermajor looks to strengthen its balance sheet amid intense ...