More than compensating for the company’s poor refining results, BP’s Exploration and Production (E&P) segment boosted net income to $651 million for the fourth quarter, compared to a loss of $603 million in the year earlier quarter. For full-year 2002, BP’s total net income increased to $6.85 billion from $6.56 billion in 2001. Sales on the year increased to $202.5 billion from $200 billion.
Tag / Compensating
SubscribeCompensating
Articles from Compensating
Despite Industry Climate, BP Posts Gains on Quarter, Full-Year
More than compensating for the company’s poor refining results, BP’s Exploration and Production (E&P) segment boosted net income to $651 million for the fourth quarter, compared to a loss of $603 million in the year earlier quarter. For full-year 2002, net income increased to $6.85 billion from $6.56 billion in 2001. Sales on the year increased to $202.5 billion from $200 billion.
February 12, 2003
Court Remands Curtailment Case
The D.C. Circuit Court of Appeals on Friday remanded a case inwhich industrial and LDC customers challenged a FERC-approvedmethod for compensating customers that are curtailed beyond theirpro rata share on Texas Eastern Transmission (Tetco). “This was avery good result for us,” said an attorney for one of thepetitioners.
October 26, 1998
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
