30th July 2024
LONDON, July 30, 2024 (BSS/AFP) - BP on Tuesday announced tumbling profits for the first half, with the British oil and gas giant hit by depreciation of assets and falling revenue.
Profit after tax slumped 79 percent to $2.13 billion compared with net earnings of $10 billion in the first six months of last year, BP said in a statement.
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