Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-07-30 19:05:00

BP DOWN $6.3 BLN

BP DOWN $6.3 BLN

BP swung to a $6.3 billion second quarter loss on Tuesday after write downs tied to the ongoing conflict in Libya and the company's recent Deepwater Horizon settlement.

BP said, "The result reflected the impact of continued low oil and gas prices, a reduced contribution from Rosneft, and one-off charges arising from circumstances in Libya, but also continuing strong earnings from BP's downstream businesses and lower cash costs throughout the Group."

Earlier this month, BP agreed to settle all outstanding federal and state claims as well as claims made by more than 400 local government entities arising from the 2010 Deepwater Horizon oil spill for $18.7 billion.

The company took a $9.8 billion pre-tax charge in the second quarter tied to the Deepwater agreement.

BP also took about $600 million in exploration write-offs and other costs related to its activities in Libya, primarily "due to circumstances in the country," BP said.

As a result of the charges, together with other non-operating items and fair value accounting effects, BP reported a replacement cost loss for the quarter of $6.3 billion, or a loss of $34.25 per share.

BP's operating cash flow in the second quarter was $6.3 billion, down from $7.9 billion a year earlier.

The company's upstream segment reported an underlying pre-tax replacement cost profit of $0.5 billion for the quarter, compared with $0.6 billion in the first quarter and $4.7 billion during the same quarter last year.

BP's downstream segment reported an underlying pre-tax replacement cost profit of $1.9 billion, down from $2.2 billion in the first quarter but up from $0.7 billion in the second quarter 2014.

The company also confirmed that it has agreed to $7.4 billion in divestments as part of its current $10 billion divestment program.

BP announced a quarterly dividend of 10 cents per ordinary share, expected to be paid in September.

"In the past few weeks oil prices have fallen back in response to continued oversupply and market weakness and the recent agreements regarding Iran. I am confident that positioning BP for a period of weaker prices is the right course to take, and will serve the company well for the future," BP CEO Bob Dudley said.

petroglobalnews.com

More: 

BP WILL PAY $18.7 BLN 

BP FULL LIABILITY $13.7 BLN 

BP & ROSNEFT: $700 MLN 

BP: WORLD ENERGY - 2015 

BP PROFIT FALLS 20%

 

Tags: OIL, GAS, PRICES, BP, BRITISH, PETROLEUM

Chronicle:

BP DOWN $6.3 BLN
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

BP DOWN $6.3 BLN
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

BP DOWN $6.3 BLN
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

BP DOWN $6.3 BLN
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

All Publications »