BP boosts buybacks as profit soars to highest in over decade - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

BP boosted its share buyback program after net profit soared to its highest in more than a decade on strong oil and gas trading results, as the energy company took a $24 billion charge after exiting its operations in Russia.

Soaring oil and gas prices in the wake of the Russian invasion of Ukraine on February 24 easily offset losses BP incurred from abruptly abandoning its shareholdings in Russia, including its 19.75% stake in oil giant Rosneft.

The company, which also halted trading Russian oil, said the exit from Russia, which had contributed 3% of the company’s cash flow last year, would not affect its plan to shift away from oil and gas towards renewables. The exit “has not changed our strategy, our financial frame, or our expectations for shareholder distributions,” Chief Executive Bernard Looney said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 37. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Ticketmaster officially launches in South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A global leader in live event ticketing for, among others, stadium concerts and sporting matches, Ticketmaster, has officially launched in South Africa. But how will they make money if they enforce a vaccine requirement? Do they not know that less then 30% of SA has gotten at least one jab? Not a lot of customers wanting to get the vax Im willing to be an errand boy, a gardener or any form of odd job just to feed my children🙏🏾. They've been going to sleep on an empty stomach and that cripples me as a father. I humbly ask for any tinned food or grocer you don't need🙏 Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
Fonte: SABCNews - 🏆 37. / 51 Consulte Mais informação »

Study shows decline in farming interest in South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.A study by the Bureau for Food and Agricultural Policy has revealed a decline in farming interest in South Africa. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Leticia_thomas5 on Twitter She guides me through and i made a return of R155,000 after a week of trading, connect with her Safety in the ANC Banana Republic of South Africa could be a reason.. This is a result of keeping elders and grandparents in the offices as extension officers. They cant use technology or research new practices for farmers. Department of Agri must hire new young Agri graduates who are active and viable to assist farmers. We need jobs to help them
Fonte: SABCNews - 🏆 37. / 51 Consulte Mais informação »