EnergyWatch

Aker BP reverses loss of up to USD 150 million after oil rebound

A flattening in the oil price following the dive in the spring makes Aker BP announce a reversal of losses ahead of next week's half-year results.

Photo: PR/Aker BP

After months of pessimism following covid-19 and an oil price war, things are now looking brighter for the oil sector.

At least, this is the case for Aker BP, which on Tuesday in a notice to the stock exchange says that it expects to reverse losses for USD 100 to 150 million when the half-year report is published a week from now.

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