BP Flags $1 Billion Writedown From Gas and Low Carbon Business
Earnings·1 article across 1 outlet
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BP Plc said it expects to book impairments of $1 billion related to its gas and low carbon energy business in the second quarter. This move comes as the energy giant refocuses on oil and gas.
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“BP Plc said it expects to book impairments of $1 billion related to its gas and low carbon energy business in the second quarter, as the energy giant refocuses on oil and gas.”
Bloomberg — BP Flags $1 Billion Writedown From Gas and Low Carbon Business