BP reports Q2 replacement cost loss of $16 million

BP, the British energy conglomerate, posted on Tuesday a second quarter replacement cost (RC) loss of $16 million compared to last year’s $2.34 billion profit. Loss for the period attributable to bp shareholders was $129 million, compared to a profit o…

BP reports Q2 replacement cost loss of $16 million

BP, the British energy conglomerate, posted on Tuesday a second quarter replacement cost (RC) loss of $16 million compared to last year’s $2.34 billion profit. Loss for the period attributable to bp shareholders was $129 million, compared to a profit o…