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BP Flags $1 Billion Writedown From Low Carbon Business

BP Plc said it expects to write down another $1 billion from energy transition assets in the second quarter, as the British major continues the painstaking work of re-orientating itself toward its core oil and gas business.

BP Flags $1 Billion Writedown From Low Carbon Business

BP Plc said it expects to write down another $1 billion from energy transition assets in the second quarter, as the British major continues the painstaking work of re-orientating itself toward its core oil and gas business.

Energy Bloomberg Jul 14, 2026

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