Oil major BP expects to book $4 billion to $5 billion in fourth-quarter impairments, mainly tied to its low-carbon energy ...

BP (BP) said it expects Q4 results to include post-tax impairment charges of $4B to $5B, mainly tied to BP’s transition ...

In an update ahead of earnings next month, the energy giant also flagged weak oil trading and flat production for the ...

British energy giant BP on Wednesday revealed a write-down of up to $5 billion linked to its energy transition efforts that ...

The update comes as BP is ditching its expensive bet on net zero following a backlash from shareholders. Bernard Looney, the ...

Energy company also under pressure from worse oil trading performance and weaker oil prices ...

The charge, along with a warning of lower returns from oil trading, shows the challenges awaiting incoming CEO Meg O’Neill.

Energy giant BP on Wednesday said it expected to take an impairment charge of $4bn - $5bn in ‌the fourth quarter, mainly ...

BP Sees Up To $5B Impairments Tied to Low Carbon Assets BP PLC said Wednesday it expects to book $4-5 billion in write-downs ...

BP expects $4-5 billion in Q4 impairments primarily in its energy transition businesses, reports weak oil trading, and sees a ...

BP’s turnaround efforts helped shares to almost tie with Shell PLC as best performer among the top five oil majors last year ...

British energy giant BP on Wednesday revealed it expected a write-down of up to $5 billion tied to its energy transition ...