Profit of $ 2.8 billion in the second quarter of 2019



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Economy

Reuters

Tuesday 2019/7/30 17h10 Abu Dhabi time

Net profit exceeded expectations of $ 2.46 billion

Net profit exceeded expectations of $ 2.46 billion

LONDON (Reuters) – The British oil giant BP (BP.N: Quote, Profile, Research) made a profit of 2.8 billion dollars in the second quarter, unchanged from the same period of the year. last year.

Net profit exceeded expectations of $ 2.46 billion, according to a survey of badyst opinion conducted by the company itself.

Production in the second quarter reached 3.8 million barrels of oil equivalent per day, up 4% from the previous year.

BP announced that it was expecting a decrease in production compared to the second quarter of 2019, due to the maintenance and impact of Hurricane Bari on operations in the Gulf of Mexico in the United States.

Bob Dudley, general manager of the group, said he is satisfied with "the solid performance resulting from a great discipline in all our activities".

The British group recorded a triple profit of $ 9.4 billion in 2018 and its general manager received a bonus of $ 14.7 million.

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