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Investors Chronicle
6h
Shell profits drop but cost-cutting boosts bottom line
The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower margins in the downstream business. But management has kept to its $3.5bn ...
2d
UK oil company BP cuts jobs to save costs
BP, the U.K.-based oil company, is implementing a global cost-saving strategy that includes eliminating 4,700 jobs and ...
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