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Bharat petroleum corporation limited is an indian public sector oil and gas company, headquartered in mumbai. Bp has said it expects to write down the value of its struggling green energy business by as much as $5bn (£3.7bn), as it refocuses on fossil fuels under its new chair. Bp expects to book $4 billion to $5 billion in impairments in the fourth quarter, mainly related to its energy transition businesses, it said on wednesday, while flagging weak.
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The company has around 21,200 service stations worldwide, [1] which it operates under the bp brand (worldwide) and under the amoco brand (in the u.s.) and the aral brand (in germany).
Announces that the bp board has appointed meg o’neill as bp’s next chief executive officer effective 1 april 2026. Delivering energy to the world, today and tomorrow. Bp expects to book $4 billion to $5 billion in impairments in the fourth quarter, mainly related to its energy transition businesses, it said on wednesday, while.
