BP BP-0.71%decrease; red down pointing triangle flagged a write-down of up to $5 billion in its gas and low-carbon energy segment and warned its oil-trading performance would be weak, as the latest ...

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BP has warned it expects to book up to five billion dollars (£3.7 billion) in write-downs across its gas and low-carbon energy division as it also said oil trading had been weak in its final quarter.

This article first appeared on GuruFocus. BP Plc (NYSE:BP) said it expects to book up to $5 billion in writedowns linked to its energy transition business, a move that signals a sharper reset ...

BP has warned that it expects to record post-tax impairments of $4 billion to $5 billion in the fourth quarter of 2025, largely linked to its Gas & Low Carbon Energy segment, as the company continues ...