Oil giant BP will cut 15% of its workforce, Reuters exclusively reports today. This is a result of the coronavirus impact on the economy, and also CEO Bernard Looney’s plan to shift the fossil-fuel company to green energy, it said today.

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Fossil fuel companies are seeing the writing on the wall and investing their profits from burning oil into renewable energy. British oil giant BP’s wind energy is a good example of that and it is now combining a wind farm with its first Tesla Powerpack project. expand full story

Tesla’s energy division has been on a roll lately and it has now secured another Powerpack project – this time at a wind farm operated by BP’s wind energy division in South Dakota. expand full story

BP, the British oil company, announced today an investment in a US-based electric vehicle charging station manufacturer in order to trial charging technology at its own retail sites by the end of the year. expand full story