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BP sheds jobs as oil price rout continues

BP sheds jobs as oil price rout continues

BP is cutting 4,000 jobs across its exploration and production business, in a further round of cost cutting as oil companies continue to feel the pain of a plunging oil price. Matthew Vincent asks Chris Adams, FT energy editor, how the industry is...

FT News in Focus · Financial Times

January 12, 20166m 57s

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Show Notes

BP is cutting 4,000 jobs across its exploration and production business, in a further round of cost cutting as oil companies continue to feel the pain of a plunging oil price. Matthew Vincent asks Chris Adams, FT energy editor, how the industry is standing up to the tough market conditions.

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