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BP posts profits, says exit from Bay du Nord oil project shows disciplined investing
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BP posts profits, says exit from Bay du Nord oil project shows disciplined investing
Gas prices are displayed at a BP station, Friday, April 3, 2026, in Marietta, Ga. (AP Photo/Mike Stewart) British oil company BP says it withdrew from the proposed Bay du Nord offshore oil project off the east coast of Newfoundland to free up some money. The company published its second-quarter financials on Tuesday, saying the period was marked by deep disruptions in the global energy market. It nonetheless posted profits of $3.9-billion, more …
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