RT.com
Published: 31 July, 2012, 13:28
Britain’s energy giant BP has reported a profit slide as it struggles with compensation for the US spill disaster and legal battles in Russia.
The company said its net loss fell to $1.4 billion in second quarter of 2012 compared to the $5.6 billion profit last year.BP blamed the slide on the write-downs on US assets and on weaker oil and US gas prices.
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