As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas exploration division since Bernard Looney became chief executive at the UK-based supermajor a year ago. The upstream division has seen the number of scientists, geologists, and engineers drop to fewer than 100 from 700 just a few years ago, after Looney—who was chief executive of BP’s Upstream before taking over as group CEO in February 2020—announced a new direction for the company, Reuters reported on Monday, quoting former and current employees at BP. According to those sources, hundreds of people from the oil and gas exploration teams from Houston to London have left the division in recent months. Some of them have been transferred to other divisions focused on clean energy, but others have been laid off. Looney announced a major […]