login
login
Image header Agence Europe
Europe Daily Bulletin No. 11220
Contents Publication in full By article 36 / 36
BUSINESS NEWS NO 128 / (ae) oil

Oil companies begin restructuring. The sharp fall in oil prices is obliging oil companies to restructure their activities. Last week, the British BP group therefore announced that it would be restructuring its business activities, which will cost the group $1 billion, with several hundreds of jobs being lost. The group is also intending to reduce its investments from $1 billion to $2 billion next year. The US ConocoPhillips also finds itself in the same situation and it is reducing its...

Contents

EUROPEAN COUNCIL
INSTITUTIONAL
SECTORAL POLICIES
EUROPEAN PARLIAMENT PLENARY
ECONOMY - FINANCES
EXTERNAL ACTION
BUSINESS NEWS NO 128