LONDON: BP Plc said yesterday it would press on with a share buy-back plan that has won support from investors although its first-quarter output was hit by strikes and unplanned losses.
The world’s second largest oil company said in a statement that a strike in Trinidad and losses in Alaska following a shutdown at one field meant production in the three months to end-March, excluding volumes from its Russian operations, would fall from fourth-quarter levels.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!