Bernard Looney

BP Halves Dividend, Posts $16.8B Loss in Q2
Financial Performance

BP Halves Dividend, Posts $16.8B Loss in Q2

The energy giant was forced to write down the value of exploration assets by $6.5 billion due in part to the decline in oil and gas prices.
By Matthew Heller | August 4, 2020
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BP Sells Petrochemicals Business to Ineos for $5B
M&A

BP Sells Petrochemicals Business to Ineos for $5B

The energy giant said it met its goal to divest $15 billion a year ahead of schedule.
By Lauren Muskett | June 29, 2020
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BP Faces $17.5B Q2 Hit
GAAP and IFRS

BP Faces $17.5B Q2 Hit

The oil giant lowered its oil price expectations through 2050 due to the COVID-19 pandemic.
By Lauren Muskett | June 15, 2020
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