BP announced the changes on its negotiations website, ahead of a potential United Steelworkers Union strike or lockout at the Whiting refinery.
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Hundreds rallied outside the BP refinery in Whiting, Ind. to demand a fair contract for local steelworkers, according to the United Steel Workers.
More than 800 workers at BP’s Whiting refinery could soon walk off the job, as a contract dispute over outsourcing and artificial intelligence escalates.
BP said it was halting stock buybacks as the oil and gas giant said it wanted to rebuild its balance sheet.
BP on Tuesday posted fourth-quarter profit in line with expectations, after crude prices dipped below $60 a barrel for the first time in nearly five years.
BP said it would increase annual oil and gas spending to $10 billion and cut planned annual investment in energy transition businesses by more than $5 billion. The energy company is seeking to boost ...
BP refinery workers in Northwest Indiana hit the picket line this past weekend as they escalate their fight for a contract.
BP suspended its share buybacks and took about $4 billion in charges on its renewables and biogas assets on Tuesday, sending ...
BP responded to an oil sheen and odor from an abandoned pipeline in Munster last month about a half mile away from a similar ...
An agreement has not been reached nearly one week after the union announced it was prepared for a strike or lockout at the Whiting refinery.
The British energy giant said it would put money toward new oil and gas opportunities ahead of the arrival of its new chief ...