bp flags up to $5 billion in energy transition writedowns in Q4 update

(WO) - bp mentioned it expects to document $4 billion to $5 billion in post-tax impairments within the fourth quarter of 2025, largely tied to its vitality transition companies, in keeping with a buying and selling assertion launched forward of its full-year outcomes. The corporate mentioned the writedowns, which can be excluded from underlying alternative value revenue, are primarily linked to its gasoline and low carbon vitality section, together with impacts inside equity-accounted...

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