BP Forecasts Up to $5 Billion Hit on Energy Transition Assets ...Middle East

OILPRICE - Economy
BP Forecasts Up to $5 Billion Hit on Energy Transition Assets
BP expects to book up to $5 billion in impairments for the fourth quarter, mostly related to its energy transition businesses, while oil trading was weak and gas trading averaged at the end of 2025.   The fourth-quarter results are expected to include post-tax adjusting items relating to impairments, including impairments within equity-accounted entities, in the range of $4-5 billion, primarily related to the transition businesses, BP said in a trading statement on Wednesday, ahead of the full Q4 results, which will be published on February…

Hence then, the article about bp forecasts up to 5 billion hit on energy transition assets was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BP Forecasts Up to $5 Billion Hit on Energy Transition Assets )

Apple Storegoogle play

Last updated :

Also on site :