BP back in black following major Russia-related impairment

2023’s first quarter sharply contrasts the equivalent period last year when UK BP’s impairment of USD 25.5bn generated red bottom-line figures.

BY WILLIAM RØNFELDT KRISTENSEN, TRANSLATED BY KRISTOFFER GRØNBÆK

After a severe deficit in the first quarter last year, BP now bounces back with black numbers in the recent financial report for Q1 2023.

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