Tuesday, August 4, 2020

UK oil company BP sees record losses

UK oil giant BP, one of the largest oil companies in the world, has reported a record $6.7bn loss, as energy demand plummets amid the coronavirus pandemic. 


The second quarter loss was partly a result of the firm's decision to wipe $6.5bn off the value of oil and gas exploration assets back in June in light of the impact of COVID-19. 


From London, Benji Hyer reports. 


IN: This dive into the red

OUT: SOC

DUR: 48 seconds


http://www.fsnradionews.com/feeds/0704bp-bh-generic.mp3