BP suffers billion dollar deficit in the 4th quarter
British oil group BP was hit by several factors in the past year. The collapsing oil price, western sanctions and US clean-up efforts resulted in a billion dollar deficit in the 4th quarter.
BY THOMAS BO CHRISTENSEN, ENERGIWATCH
BP has published its interim report for the 4th quarter and full-year result for 2014 and the British company, like most other oil companies, saw its numbers decline in the period - especially due to the diving oil prices.
The outlook for the container market looks somewhat more gloomy in the coming time, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in third quarter.