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BP reports a huge quarterly loss ever but maintains dividend

BP reports a huge quarterly loss ever but maintains dividend

The company announced another 3,000 jobs cuts on top of the 4,000 previously announced. BP reported a 2015 full year loss of US$6.5 billion, even worse than 2010 when it paid out billions for the Deepwater Horizon spill. 2016 capital expenditures was lowered to $17 to 19 billion. This is the first time since 1986 that BP has cut spending for 2 years in a row.

Suncor reports a $2 billion loss on asset write-downs and forex losses

Suncor reports a $2 billion loss on asset write-downs and forex losses

Imperial Oil boosts production and eeks out a small profit

Imperial Oil boosts production and eeks out a small profit

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