BP's bottom line dives 66 percent

The oil supermajor suffers a major setback during the corona crisis and predicts great uncertainty for the coming time. The company nonetheless maintains its climate plans.
Photo: Toby Melville/Reuters/Ritzau Scanpix
Photo: Toby Melville/Reuters/Ritzau Scanpix

This year so far has been very difficult for the British oil supermajor, which has been unable to maintain standard income levels, attributable not least to the price of European reference crude Brent's approximately 75-percent depreciation during Q1 and the coronavirus pandemic's ravaging throughout the whole world.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    On June 1, Senvion's former CFO Manav Sharma started as US country manager for Nordex. Soon he will have a new factory at his disposal. | Photo: Senvion

    Nordex restarts production in the US

    For subscribers

    Further reading