BP’S loss 2 billion dollars due to corona
In the outgoing 2020, British Petroleum’s (BP) net loss was 2.3 billion dollars, or 1.680 crore uro. The UK-based energy giant has suffered huge losses due to the fall in global energy demand due to the coronavirus epidemic. However, there has been a slight jump in demand in the fourth quarter. News AFP.
In this regard, BP said on Tuesday, where it had made a net profit of Tk 400 crore in 2019, it had to incur huge losses last year. Even before the epidemic, oil and gas prices fell and demand from the epidemic reduced, leading to losses incurred by the top oil and gas companies, including BP. Last year was a year of disaster for the energy sector. The petrochemical business made a net profit of 1.36 billion in the fourth quarter on sales to rival Inos.
Sunbd/NJ