BP earnings plummet 18 percent

Oil   Oil

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.

Tags: 
EnergyGuardian is a subscription energy news service. Sign up below to apply for a free 14-day trial. If approved, you will receive an email from us to activate your account and enable access to this Web site and delivery of our enhanced morning, afternoon and breaking news alert emails.

If you have questions, please email sales@packardmedia.com.

To start your free 14-day trial, fill in the form below.