For quite some time now there has been ongoing speculation about the sustainability of BP’s dividend, against a backdrop of rising debt levels and concern around the company’s ability to
BP has announced plans to cut 10,000 jobs, representing about 15% of the oil group’s 70,000 staff, by the end of the year. Bernard Looney, BP’s chief executive, told employees
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The oil price is crashing again, as weak demand leaves producers
