Summary
OIL giant BP today admitted that production fell for the second quarter running after its rigs and platforms were damaged by hurricanes in the Gulf of Mexico.
It is the first time for two years that Europe's largest oil company has seen production fall in a halfyear. BP's Thunder Horse platform was hit by Hurricane Katrina last July and is not expected to restart production until later this year.See the full content of this document
Extract
Bp Output Still Taking Hurricane Battering
The company will take a charge of more ...
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