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Add Yahoo as a preferred source to see more of our stories on Google. BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon energy ...
BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon energy division as it also said oil trading had been weak in its final quarter.
BP isn’t even waiting for its new CEO to start before taking a big charge over its push into renewable energy. The company that used to be named British Petroleum said on Wednesday it would take a ...
BP BP-0.71%decrease; red down pointing triangle flagged a write-down of up to $5 billion in its gas and low-carbon energy segment and warned its oil-trading performance would be weak, as the latest ...
BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon energy division (Ian West/PA) BP has warned it expects to book up to five ...
This article first appeared on GuruFocus. BP Plc (NYSE:BP) said it expects to book up to $5 billion in writedowns linked to its energy transition business, a move that signals a sharper reset ...