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BP news


BP reaches US$35 billion net debt target

Bernard Looney, CEO, said the reaching of the target was the result of "earlier than anticipated delivery of disposal proceeds combined with very strong business performance during the first quarter."


BP relaunches sale of stakes in North Sea oilfields

BP has relaunched the sale of stakes in a number of North Sea oilfields it agreed to sell to Premier Oil before Premier was taken over last year, according to industry sources.