“With the acceleration of divestment proceeds, together with strong business performance and the recovery in the price environment, we generated strong cash flow and delivered on our net debt target around a year early," Chief Executive Bernard Looney said.
BP to launch share buyback program after big profit spike
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“We began reinventing BP, with nearly 10,000 people leaving the company," CEO Bernard Looney said in a statement. “We strengthened our finances - taking out costs and closing major divestments."
Hit by pandemic, oil giants Exxon, BP post huge 2020 losses
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