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BP reports profit drop as energy giant restrategizes to focus on fossil fuel output
fortune.com/europe/2025/04/29/bp-reports-profit-drop-energy-giant-restrategizes-fossil-fuel-output-investors-murray-auchincloss
Britain's BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business.
Profit after tax declined to $687 million, down from $2.3 billion in the first three months of 2024, driven by weaker gas sales…
This story appeared on fortune.com, 2025-04-29 10:47:42.