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BP braces for hit of up to $4.5bn in pivot from green energy
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BP braces for hit of up to $4.5bn in pivot from green energy
BP is bracing for a hit of up to $4.5bn after a hefty write-down in its energy transition unit, as the firm pivots away from aggressive green targets. The FTSE 100 energy giant told markets on Tuesday its third quarter update – set for the end of the month – would include a post-tax impairment [...]
13 Oct, 06:31
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