Why BP Is Selling Its North Sea Oil Assets | UK's Energy Industry Faces Major Shift
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Why BP Is Selling Its North Sea Oil Assets | UK's Energy Industry Faces Major Shift
BP is moving ahead with a major overhaul of its business by selling its British North Sea oil and gas assets as part of a $20 billion divestment program aimed at reducing debt and improving profitability. The decision marks a significant moment for the UK energy sector, as one of Britain's most iconic companies scales back its domestic ...
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