BP posts 15% profit drop, gets $2.4 million fine

Article Abstract:

BP PLC of the United Kingdom posted a 15 percent decrease in first quarter net profit to $5.62 billion. United States regulators levied a $2.4 million fine for safety violations at a United States refinery. BP PLC is also under criminal investigation by United States environmental officials for oil spills at its Alaska pipeline.

Company overview

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BG Group PLC

Article Abstract:

BG Group PLC said that its 2003 second quarter net profits more than tripled from the same 2002 period. The company posted 166 million pounds (233.7 million euros) in net profits for the 2003 period.

Finance, Natural gas, Petroleum, Gas industry, BG Group PLC

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BP doubled profit in 2nd quarter energy prices increased and output rose in Russia amid technology advances

Article Abstract:

BP PLC reported a doubling of profit in the second quarter. This was due to increased energy prices and the increase in production from the company's Russian operations.

Production data, Russia

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