company wants to become more profitable

BP continues to make cuts under new CEO

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Despite the recent departure of BP CEO Murray Auchincloss, there is no change under his successor(s) to the goal of cutting costs firmly. The group aims to cut between €3.2 billion and €4.3 billion by the end of 2027 compared to mid-2023, in converted terms. Halfway through last year, the counter stood at around €1.5 billion in realised savings.

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Author: Vincent Krabbendam

Source: MobilityEnergy.com

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