April 14, 2009

BP PLC: Provides for Future Cost of Decommissioning Facilities

COMPANIES: BP Plc
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BP PLC says that the group makes full provision for the future cost of decommissioning oil and natural gas production facilities and related pipelines on a discounted basis on the installation of those facilities.

The provision for the costs of decommissioning…

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TOPICS: Chemicals/Petrochemicals/Plastics | Earnings | Legal Issues, Litigation | Loans & Financing | Oil | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: United Kingdom