BP profits treble to more than $10bn - News Summed Up

BP profits treble to more than $10bn


BP has operations in more than 70 countries and employs 70,000 people globally STUART CONWAY/AFP/Getty ImagesProfits at BP more than trebled to $10 billion last year on the back of higher oil and gas prices. The oil major cheered investors with a significantly better than expected fourth quarter performance, sending shares surging more than 3 per cent in early trading. BP, which is based in London, employs more than 70,000 people globally and generates the bulk of its profits from producing and selling oil and gas. It has operations in more than 70 countries. Mr Dudley, 63, took…


Source: The Times February 05, 2019 09:00 UTC



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