BP to book up to $5B in Q4 impairment charges tied to transition businesses

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

BP flags up to $5 billion in low-carbon energy impairments

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

BP Flags $5 Billion Write-Down of Low-Carbon Business

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

BP cautions over 'weak' oil trading and reveals up to £3.7bn in write-downs

BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon ...
The Daily Overview on MSNOpinion

BP stock sinks as net zero pivot sparks up to $5B hit

BP has put a multibillion dollar price tag on its retreat from parts of the energy transition, warning investors that its net ...