Friday 12 November 2010

Following the Gulf of Mexico crisis, BP is finally out of the red

The oil giant recorded a massive loss of nearly £11bn in their report of the last quarter after the monumental costs of the oil spill disaster.

After writing off over £20bn of the charges from the crisis in July, BP has reported they are back in profit after making revenues of £1.1bn this quarter.

The newest figures comes after a £4.8bn charge to the oil spill fund, proving revenue for the firm would have been higher still. 

Although a positive step for BP, it is still disappointing when compared with the £3.13bn profit the company saw in the same period for 2009.

Chief Executive, Bob Dudley said the results showed “good progress” for the giant adding: “This strong operating performance shows the determination of everyone at BP to move the company forward and rebuild confidence after the terrible events of the past six months.”

18 comments:

  1. Do you know how to write an economics paper? You should be very precise with numbers!

    ReplyDelete
  2. Its so interesting to watch economy and their statics which has been becoming so danger to the peoples and poor economy means more expensive things but we should learn about it on allassignmenthelp review to get things right for everyone and also you can be wise with reading, please read daily than writing.

    ReplyDelete
  3. Great news, but I want to advise help in writing. Competent writing, excellent service, and a wide range of different writing work can be found here: https://topdissertations.com/write-my-capstone-paper/.

    ReplyDelete
  4. I read your post and got it quite informative. I couldn't find any knowledge on this matter prior to. I would like to thanks for sharing this article here.Latest IT industry News online USA

    ReplyDelete
  5. Stubsondemand manages your company finance and record digitally. With Stubsondemand calculator, you calculate pay-related or finance-related work for you. Clarity of taxable income increases with the use of Stubsondemand’s Paystub Generator.
    https://stubsondemand.com/

    ReplyDelete
  6. I learned absolutely everything about my question when I read this post, thanks to the author for the detailed description. I wrote my review on the https://essaysservicesreviews.com/essaywritersworld-review/ you can go in and read. Thank you very much for your attention and your time.

    ReplyDelete
  7. Electric resistance welding
    The world owes the invention of electric resistance and spot welding to Englishman Elihu Thomson. This engineer has several patents in the field of spot welding to his name.

    Electric resistance welding consists in assembling by autogenous fusion the parts to be welded under the pressure of two metal parts. Who says welding says heat, with resistance welding the heat necessary for welding is provided by the Joule effect (which is the thermal manifestation of electrical resistance, this heat occurs when an electric current passes through any material conductor) of a current of high intensity and low voltage, passing through the parts to be assembled. Indeed, it takes a lot of amps and little voltage. The application of a forging force makes it possible to ensure the metallic interpenetration.


    resistance welding

    ReplyDelete
  8. It’s really interesting to observe that the economy and its statics have become so dangerous for people, economic recession means more expensive things, but we should understand it in the fast essay writing service comments to do the right thing for everyone, and You can read wisely, please read every day instead of writing.

    ReplyDelete
  9. Wonderful Article, which define very interesting information about the topic.Thanks for taking your time to share P5 pipe suppliers If you wants more related services then must visit Rexal Tubes.

    ReplyDelete
  10. Excellent and informative article. You have good knowledge of the Business. Your article has everything which I want. Aruba Places To Stay.Good job.

    ReplyDelete
  11. They may even become advocates for you; actively and enthusiastically looking for opportunities for you, as they work with their own clients and customers. This group should be your networking core. INDUSTRY

    ReplyDelete
  12. This not only means that you get to cover the cost of the product, but if the "crypto" value increases, your profits will grow with it.blockchain in healthcare

    ReplyDelete
  13. This comment has been removed by the author.

    ReplyDelete
  14. The Deepwater Horizon rig was located in the Mississippi Canyon, a valley on the continental shelf, in the Macondo oil potential. It was owned and managed by offshore oil drilling firm Transocean, and it was leased by oil corporation BP. The oil well that it was placed over was situated 4,993 feet (1,522 meters) below the water's surface and went down into the rock around 18,000 feet (5,486 meters). A rush of natural gas that had been recently placed by the contractor Halliburton to seal the well for future usage washed through a concrete core on the night of April 20. Later, Wikileaks papers made it known that a comparable event had happened in September 2008 on a BP-owned rig in the Caspian Sea. Get akinator game and this new Angry Birds games in our website.

    ReplyDelete
  15. I feel glad about that as I also faced a similar issue but after taking help from an dissertation writing service UK native provider things also changed for me. I believe the same thing also happened with you and I believe a buy professional dissertation writer’s help or an essay writer’s help can change our academic career and prepare us for a powerful professional career.

    ReplyDelete
  16. If you're searching for a reliable and professional service to
    write my assignment, look no further. There are numerous online platforms where you can find expert writers to craft your assignments with high-quality standards. However, it is important to choose a trustworthy platform with a proven track record of delivering plagiarism-free and timely assignments. Additionally, make sure to provide clear instructions and guidelines for the assignment to ensure that the final product meets your expectations. So, stop worrying and let the professionals write my assignment for you.



    ReplyDelete
  17. Just as BP navigated through a crisis, emerging successfully, finding the best pizza deals involves seeking out hidden gems. Resilience pays off, whether in business or while searching for budget-friendly delights. BP's turnaround reminds us that with determination, even tough situations can be overcome. Similarly, discovering the best pizza deals becomes a satisfying victory, showing that persistence and careful choices lead to a satisfying outcome.

    ReplyDelete