The list of major companies laying off staff in the new...
Job cuts are continuing into 2025 following waves of reductions last year.Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs.See the list of companies letting workers go in 2025.Layoffs and other workforce reductions are continuing in 2025, following two years of significant job cuts across tech, media, finance, manufacturing, retail, and energy.While companies'…
Tell us if you’ve had an intimate relationship with a colleague,...
Last year, BP faced an embarrassing episode when former CEO Bernard Looney resigned after the company's board said he hadn't been fully transparent about his personal relationships with colleagues.Now the oil giant is making sure that doesn't happen again.BP informed all employees last week that they must disclose any intimate relationships with colleagues, or they…
Texas man guilty of making $1.8M after eavesdropping on his wife’s...
A Houston man has pleaded guilty to insider trading after he made $1.76 million in illegal profits after listening in on his wife's work calls as they worked from home.Tyler Loudon, 42, admitted to buying thousands of shares in TravelCenters of America ahead of its $1.3bn acquisition by British oil and gas company BP in…
BP ex-CEO loses $40 million over relationships with colleagues
Bernard Looney resigned as the CEO of BP in September. BP said Looney hadn't been transparent about "past personal relationships" with colleagues.Now, BP said Looney will lose more than $40 million in compensation. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app BP…
Saudi Aramco, the world’s largest oil company, announces record profit of...
Oil and gas giant Saudi Aramco announced a record $161 billion profit for 2022 on Sunday. The record profit comes amid all-time high oil and gas prices after Russia invaded Ukraine. Loosening of pandemic restrictions and increased travel also likely increased demand for oil and gas. Loading Something is loading. Thanks for signing up! Access…
![New Jersey sues gas companies over climate change damages worth billions [Updated]](https://scienceandtechblog.com/wp-content/uploads/2022/10/137113/new-jersey-sues-gas-companies-over-climate-change-damages-worth-billions-updated-324x235.jpg "New Jersey sues gas companies over climate change damages worth billions [Updated]")
New Jersey sues gas companies over climate change damages worth billions...
This week, New Jersey Attorney General Matthew Platkin announced he had surveyed the state’s extreme weather damage caused by climate change and decided that it shouldn’t be residents or even the state shouldering “the enormous costs of rebuilding.” Filing a lawsuit in the Superior Court of New Jersey, Platkin—joined by the New Jersey Division of…
New Jersey sues gas companies over climate change damages worth billions
This week, New Jersey Attorney General Matthew Platkin announced he had surveyed the state’s extreme weather damage caused by climate change and decided that it shouldn’t be residents or even the state shouldering “the enormous costs of rebuilding.” Filing a lawsuit in the Superior Court of New Jersey, Platkin—joined by the New Jersey Division of…
BP plans to cut oil production 40 percent by 2030
In February, BP announced a pledge to (mostly) reach net-zero CO2 emissions by 2050, a noteworthy change of course steered by new CEO Bernard Looney. BP had long dabbled in promoting an interest in greener pursuits, but these promises pointed toward a more serious shift. On Monday, the company released some specifics for the coming…
