Browsing Tag
BP
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BP Profits Reach Four-Year Peak Amid Middle East Conflict
BP profits surged to $5.73 billion as Middle East tensions pushed oil prices higher, prompting the company to shift focus toward high-return assets and exit North Sea operations.
BP moves to divest its North Sea operations
BP is seeking a buyer for its North Sea assets, effectively concluding 60 years of production in the area to streamline its global operations.