When the huge oil companies are looking at huge money problems, something is wrong. Very wrong. And, most likely, isn't fixable in the short term. Isn't there usually a bit of a "snowball effect" when things turn sour at this level? Or, is this going to be limited to BP?
BP's new chief warns of 'dreadful' third quarter
Tony Hayward, BP's new chief executive, has warned staff that the oil giant's third-quarter revenue will be "dreadful" and raised the specter of massive layoffs by pledging to simplify the corporate structure, a according to a [...]
Tags: BP Oil, Tony Hayward
Powered by Qumana
Posts
0 comments:
Post a Comment