BP expects a rise in upstream production and higher refining margins in its products segment to boost earnings, but warned of a weak contribution from its oil trading division.
BP expects third-quarter upstream production to rise from the previous quarter and anticipates a boost of up to $400 million from higher refining margins in its products segment.
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BP Boosts Production Outlook but Cautions on Weak Trading Before Q3 Earnings
BP (NYSE:BP) raised its third-quarter production guidance on Tuesday, pointing to stronger upstream performance supported by ...
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BP expects its upstream production to be above last quarter's, the company said in a trading update on Tuesday ahead of ...
The higher refining margins are set to add $300 million to $400 million to BP's results, although some of that will be ...
The agreement covers the drilling of five natural gas wells in BP’s Mediterranean concessions, at depths ranging between 300 ...
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