BP energy sector disclosure outlined asset write down context and capital framework alignment, reinforcing transparency across key UK equity indices. BP (BP) contributes to the structure of the UK ...

BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon energy division as it also said oil trading had been weak in its final quarter.

BP has warned it expects to book between $4bn and $5bn in writedowns for the fourth quarter, primarily tied to its low-carbon and gas businesses, as the company pivots back towards oil and gas under ...

BP BP1.57%increase; green up pointing triangle said it would write down the value of its gas and low-carbon energy division by up to $5 billion, the legacy of an ill-timed move into renewables that ...

BP BP-0.71%decrease; red down pointing triangle flagged a write-down of up to $5 billion in its gas and low-carbon energy segment and warned its oil-trading performance would be weak, as the latest ...