: :inin Kyiv (EET)

BP posts slump in Russian income


BP’s third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from the oil major’s local partner, Kremlin-controlled Rosneft. |||
London – BP’s third-quarter results took a hit from declining oil prices and a sharp drop in income from Russia as Western sanctions on Moscow led to a slump in earnings from the oil major’s local partner, Kremlin-controlled Rosneft. BP’s overall profits were broadly in line with expectations at $3 billion (R33 billion) but down nearly a fifth …read more

Source: Independent Online

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