BP swings to loss on weaker upstream earnings

2019-10-29

BP PLC said Tuesday that it swung to a loss in third-quarter earnings as it reported a divestment-related charge as well as lower upstream earnings. The London-based energy giant BP, -0.28% BP, +0.00%  posted a replacement-cost loss–a metric similar to the net income figure that U.S. oil companies report–of $351Read More →