BP’s 2024 annual report, released 6 March, reveals $1.495bn in new impairments for Mauritania and Senegal on top of a similar 2023 write-off of $1.434bn (MEES, 17 March 2024), $729bn for 2022 and $834mn for 2021, bringing the four-year total to a whopping $4.492bn.
For both 2023 and 2024 the Mauritania/Senegal impairments were the major’s largest globally. (CONTINUED - 269 WORDS)