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Euronews

Indrabati Lahiri

BP sees major downturn as gas trading and refining divisions lag

British Petroleum Murray Auchincloss

Oil and gas giant BP announced weaker first quarter 2025 results on Tuesday, as its gas trading and refining divisions lagged.

Underlying replacement cost profit was at $1.4 billion (€1.2bn) in the first three months of the year, down from $2.7bn (€2.4bn) in the corresponding quarter last year.

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