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DevelopingEconomy

BP third-quarter profit surge

BP posted a surge in third-quarter profit; CEO Meg O'Neill denies there have been conversations about breaking up the company.

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30 Oct
The latest development

ReutersFri 30 Oct · 13:15 UTC

BP CEO denies breakup talks after media report BP CEO Meg O'Neill on ​Friday categorically denied ‌that there have…

01Developments

Developments

Friday 30 October

2 developments
  1. 13:15 UTC· the latest

    BP CEO denies breakup talks after media report

    Meg O'Neill said categorically there have been no conversations about splitting up the British major.

    1 sourceReuters
    • ReutersBlueskyFri 30 Oct, 13:15

      BP CEO denies breakup talks after media report BP CEO Meg O'Neill on ​Friday categorically denied ‌that there have been conversations about breaking ​up the British ​major.
      The original post
  2. 08:06 UTC

    BP profit jumps to $8.46bn on Middle East war

    BP said underlying replacement cost profit reached $8.46bn, up from $2.2bn, with 'significantly higher' trading as the war raised oil and gas prices.

    1 sourceThe Guardian · World
    • The Guardian · WorldRSSFri 30 Oct, 08:06

      BP profits jump as Middle East conflict drives up oil refining margins Third-quarter underlying ​replacement ⁠cost profit rises to $8.46bn, up from $2.2bn ​a year ​agoBP has posted a jump in its quarterly profits as the war in the Middle East drove up oil and gas prices and led
      The original post