Tue, 31 Oct 2023 10:56:20 GMT
BP misses quarterly expectations
British Petroleum has reported its third quarter financial results. The markets expected the company to have earned $4.0 billion. However, the actual earnings were $3.3 billion.
The company suffered due to weak results in the gas sector and a write off of its major US wind project. Namely, gas prices declined during the last quarter, which impacted income. However, the