BP Flags $1 Billion Impairment for Transition Businesses; Oil Trading Results Poised to Grow in Second Quarter
() -- British oil an gas giant BP (BP.L) on Tuesday flagged $1 billion in impairments relating to transition businesses in its gas and low carbon energy segments as it signaled lower debt and positive oil trading results in the second quarter. "BP is putting through a further $1bn of impairments in its transition busin