The oil giant said it had tried to renegotiate deals around three wind farms off the coast of New York, but was refused.
Energy giant BP’s profit missed expectations in the three months to the end of September and the company flagged a more than half-billion dollar charge it had taken on three wind farms off the coast of New York.
In June, the business and Norway’s Equinor filed a request with the authorities in New York to renegotiate the agreements they had on three wind farms amid soaring inflation and delays. It had been a turbulent quarter at the top for BP. Boss Bernard Looney stepped down from the top job after it was revealed that he had not fully disclosed prior relationships with BP staff members to the board.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York Takes Steps to Protect Migrating BirdsNew York City has become a leader in making cities more bird-friendly, as millions of birds migrate through the Atlantic Flyway. Project Safe Flight volunteers are working to save injured birds and count the dead, with new legislation requiring bird-friendly measures in new buildings and renovations.
Read more »
Jets vs. Giants: Battle for New York at Metlife StadiumThe New York Jets and New York Giants face off in a highly anticipated game at Metlife Stadium. The Jets are looking for their third straight win, while the Giants aim for two in a row. Giants quarterback Daniel Jones will be out, while Jets cornerback Sauce Gardner returns. Both teams have shown improvement in recent weeks, making for an exciting matchup.
Read more »
FC Cincinnati to Face New York Red Bulls in MLS Final SeriesFC Cincinnati will take on New York Red Bulls in the opening round of the MLS Final Series, with both teams aiming to gain an early advantage in the three-legged clash. Cincinnati finished at the top of the Eastern Conference with 69 points, while New York Red Bulls secured the 8th spot with 43 points. The first game will be played at Cincinnati's home stadium, giving them a considerable advantage.
Read more »
Minnesota Vikings and New York Giants suffer quarterback injuries in Week 8Minnesota Vikings' head coach fears season-ending Achilles injury for Kirk Cousins, while New York Giants send Tyrod Taylor to hospital for rib evaluation.
Read more »
Don’t miss: Mickalene Thomas’s subversion of Black female erotica in New YorkHannah Silver is the Art, Culture, Watches & Jewellery Editor of Wallpaper*. Since joining in 2019, she has overseen offbeat design trends and in-depth profiles, and written extensively across the worlds of culture and luxury. She enjoys meeting artists and designers, viewing exhibitions and conducting interviews on her frequent travels.
Read more »
Friends Fans Flock To New York Apartment Building To Pay Tribute To Matthew PerryThe address in Bedford Street in NYC was the ‘home’ of Matthew's character Chandler Bing.
Read more »