Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag BB Energy cut half its Houston oil team, shifting to renewables, gas, and tech amid strong financials.

flag BB Energy has restructured its Houston operations, cutting about half its oil traders and support staff, including key personnel like Alexander George and Dylan Laurin, as part of a strategic shift toward renewable energy, power, and gas markets. flag The company is expanding into new areas like carbon credits and solar projects, moving some functions to Europe, while investing in advanced trading technology. flag Despite the layoffs, BB Energy reported strong 2024 results and secured a $375 million credit facility, signaling continued financial strength amid a broader industry pivot toward sustainability and efficiency.

3 Articles

Further Reading