BP returns to profit in 2016 on cost-cutting
London - Arab Today
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BP posted a slight net profit for 2016, but recovered from heavy losses the previous year, as cost-cutting offset weak oil prices, the British energy giant announced Tuesday. Profit after tax stood at $115 million (108 million euros) compared with a net loss of $6.5 billion in 2015, BP said in an earnings statement. |
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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