Report hits cost of EPA’s new ozone regulation.Click here to read the brief
BP earnings plummet 18 percent
LONDON (AP) — BP PLC saw its first-quarter net profit fall by 18 percent as its downstream business, which sells fuels, lubricants and fertilizer, struggled.
The company also announced Tuesday that it intends to sell its stakes in several assets in the Gulf of Mexico which it regards as non-strategic.
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