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The British energy giant fell one spot on this year’s list


2021-01-06
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التصنيف : سلة الإنترنت

The British energy giant fell one spot on this year’s list, as revenue dropped 7% to $283 billion, and profits dropped 57% to $4 billion, thanks to weak oil prices. So far 2020 has been marked by hits and misses. In February, BP’s new CEO, Bernard Looney, said it would become one of the first major oil and gas companies to target net-zero emissions by 2050, and that the company has since begun to lay out its plan to reduce emissions. It's still struggling with the COVID hit to energy demand, however. In June the company announced plans to lay off 10,000 employees and write off $17.5 billion in assets.

 

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The British energy giant fell one spot on this year’s list, as revenue dropped 7% to $283 billion, and profits dropped 57% to $4 billion, thanks to weak oil prices. So far 2020 has been marked by hits and misses. In February, BP’s new CEO, Bernard Looney, said it would become one of the first major oil and gas companies to target net-zero emissions by 2050, and that the company has since begun to lay out its plan to reduce emissions. It's still struggling with the COVID hit to energy demand, however. In June the company announced plans to lay off 10,000 employees and write off $17.5 billion in assets.   Click here to continue       , Electronic Village, His excellency mohammed ahmed khalifa al suwaidi, Arabic Poetry, Arabic Knowledge, arabic articles, astrology, science museum, art museum,goethe museum, alwaraq, arab poet, arabic poems, Arabic Books,Arabic Quiz, القرية الإلكترونية , محمد أحمد خليفة السويدي , محمد أحمد السويدي , محمد السويدي , محمد سويدي , mohammed al suwaidi, mohammed al sowaidi,mohammed suwaidi, mohammed sowaidi, mohammad alsuwaidi, mohammad alsowaidi, mohammed ahmed alsuwaidi, محمد السويدي , محمد أحمد السويدي , muhammed alsuwaidi,muhammed suwaidi,,

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