BP beats own record again in Q3

The oil major has clearly surpassed analysts' third quarter forecasts, and the company now has so much capital that it expects to be able pay cash for its USD 10 billion acquisition of BHP Billiton.

by LENA RUTKOWSKI

British oil company BP has once again beat its own record in the quarter, exiting the period with bottom line of USD 3.3 billion – an increase of 88 percent relative to the same period last year.

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Oil companies will pump more than USD 43.1 billion in the North Sea
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Total raises earnings by almost 50 percent
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