Ukrainian Journal
Ukrainian Journal - Breaking political and business news from Ukraine
Source: ukrainianjournal.com
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Ukrainian Journal - Breaking political and business news from Ukraine
Ukrainian Journal - Breaking political and business news from Ukraine
The oil major posted a profit of $4.96 billion, as it fended off criticism of its flagging climate ambitions
Despite increasing cash flow to $8.2bn, BP has sunk to a $20.4bn loss thanks to a colossal write-down on its Russian activities.
A sale to a Chinese or Indian firm seems plausible, though the valuation may be a bitter pill for BP to swallow.