BP reports third-quarter profits of $8.46 billion
Business · First reported 30 Oct, 08:46 · Updated 13:19
BP said its third-quarter profits rose from $2.21 billion a year earlier to $8.46 billion. The reports differ in scope: the Irish News snippet gives the figures, while The Standard also covers the oil-market disruption, BP’s debt reduction and criticism of oil companies’ profits.
- BP reported third-quarter profits of $8.46 billion, compared with $2.21 billion in the same quarter a year earlier.
- BP said its refineries were running close to capacity to help maintain supplies amid disruption to energy and fuel markets.
- The Standard reported that BP reduced its debt by $8.4 billion in the quarter, while campaigners called for oil companies to pay more.
Summary written by Lux AI from 2 articles
Key facts
- BP third-quarter profits
- $8.46 billion
- Profits in the year-earlier quarter
- $2.21 billion
- Period covered
- Three months to September 30
- BP debt after third-quarter reduction
- $13.9 billion
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- Unknown 50% (1)
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