Thursday, March 3, 2016

Tony Hayward's Genel Falls to $1 Billion Loss

Genel Energy, the oil company chaired by former BP CEO Tony Hayward, reported its worst loss as a public company after writing down the value of its prized Taq Taq oil field whose reserves have proved lower than expected.

from WSJ.com: US Business http://ift.tt/1QNrGiw
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