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During 6 months BP’s net loss dropped by 38%

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bp-qaraDuring 6 months, 2016 BP’s net loss totaled $2,002,000,000, down 37.8% against the same period in 2015 ($3,221,000,000), reads the company’s financial report.

During quarter 2, 2016 oil extraction totaled 2.09 million barrels a day, down 1% against the same period in 2015.

In quarter 2, 2016 net loss totaled $1,419 billion, down 4.1 times against the same period in 2015 ($5,283 billion).

By June 30, 2016 BP’s net debt totaled $30.9 billion against $24.8 billion a year earlier.

In the report released on July 26, 2016 the company announced its intention to pay quarterly dividends worth 10% per share. The payment will have to be made on September 16, 2016.

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