USD 92.2628

-0.33

EUR 99.7057

-0.56

Brent 86.99

+0.1

Natural gas 1.752

-0

530

BP Counts Losses After Gulf of Mexico Hurricanes

The UK oil giant BP still suffers losses because of U.S. hurricanes in the fourth quarter

BP Counts Losses After Gulf of Mexico Hurricanes

The UK oil giant BP still suffers losses because of U.S. hurricanes in the fourth quarter.

The production fell down from a year ago and over $1 billion of lost profits and repair bills. A company spokesman said the firm's average production for 2005 would be around 4.0 million boepd, below the 4.1-4.2 million boepd, which BP had hoped for before its Gulf of Mexico production was hit by hurricanes in the third quarter.

Moreover, the barrels foregone in the Gulf of Mexico are among the most profitable in its portfolio.


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru