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PRESIDENT of bpTT David Campbell said an announcement earlier this year of cost-saving measures is a bid by the company to make operations more efficient.

In January, global giant BP announced it would be cutting five per cent of its workforce or some 4,700 staffers to reduce costs.

Speaking to reporters following the opening of the Caribbean Sustainable Energy Conference 2025 hosted by the Energy Chamber of TT on June 2, at the Hilton Trinidad and Conference Centre, Port of Spain, dismissed the term "cost-cutting," believing it did not fully represent what the company was doing.