BP (NYSE: BP) reported its results for the fourth quarter and full-year 2014. Underlying replacement cost profit for the fourth quarter was $2.2 billion compared with $2.8 billion for the same period in 2013.
BP (NYSE: BP) was scheduled to present its strategy and plans for its Upstream oil and gas business. The day-long presentation, led by BP’s Upstream chief executive Lamar McKay, will provide an in-depth and detailed account of how BP is managing its Upstream business and its distinctive strategy for the long term. The presentation will also review the macro-environment and the context of recent developments in oil prices. McKay and senior members of his upstream management team will share further insights into the depth and quality of the Group’s resource base and investment portfolio, which underpin BP’s long-term value proposition through the changes in the price environment.
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