BP On Track To Meet Net Debt Target Ahead of Schedule ...Middle East

BP is on track to reach its net debt goal reduction to $35 billion ahead of schedule, the company said in a statement. According to the statement, the UK-based supermajor expects to have reached this level of net debt by the end of March. "We are pleased to announce that we now expect to have reached our $35 billion net debt target during the first quarter 2021," chief executive Bernard Looney said. "This is a result of earlier than anticipated delivery of disposal proceeds combined with very strong business performance during…

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