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Energy Ethanol

BP reports full year losses of over $5 billion for 2015

BP’s fourth quarter losses for Q4 2015 reached $2.23 billion, bringing losses for the year 2015 to $5.162 billion after a profit of $8 billion was recorded in 2014. The plummeting oil prices had a significant effect on the global company, with the net debt ratio increasing from 16.7% to 21.6% YoY. The report showed…

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