BP profit falls 34%

BP's profit slid 34 per cent to $US3.5 billion ($3.67 billion) in the third quarter as the British energy giant's output fell 2.3 per cent and it was also hit by lower refining margins. It said that charges incurred by the group as a result of the Gulf of Mexico oil spill disaster in 2010 currently stood at $US42.5 billion.

By InvestSMART · 30 Oct 2013

By InvestSMART ·
30 Oct 2013

Share

Comments

Print

BP's profit slid 34 per cent to $US3.5 billion ($3.67 billion) in the third quarter as the British energy giant's output fell 2.3 per cent and it was also hit by lower refining margins. It said that charges incurred by the group as a result of the Gulf of Mexico oil spill disaster in 2010 currently stood at $US42.5 billion.

Share this article and show your support

Proudly

BP profit falls 34%

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password