30th Apr 2014 16:21
(An item published at 1047 BST incorrectly indicated the comparative market value of Royal Dutch Shell and BP in the headline and the text. The correct text follows.)
The oil and gas giant, which is the biggest company in the FTSE 100 by market capitalisation, said its earnings almost halved in the first quarter of the year, as it wrote down some of the value of its refineries in Europe and Asia due to declining refining margins and as its production fell.
By James Kemp; [email protected]; @jamespkemp
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