{"id":400932,"date":"2011-04-27T06:25:38","date_gmt":"2011-04-27T06:25:38","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/04\/27\/bps-first-quarter-profits-slip\/"},"modified":"2011-04-27T06:25:38","modified_gmt":"2011-04-27T06:25:38","slug":"bps-first-quarter-profits-slip","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/","title":{"rendered":"BP&#8217;s first quarter profits slip"},"content":{"rendered":"<p><div readability=\"46.2996555683\"><span><span>27 April 2011<\/span> <span>Last updated at<\/span> <span>02:43 ET<\/span><\/span><\/p>\n<p>Profits at oil giant BP have fallen as the costs of the 2010 Deepwater Horizon blast in the Gulf of Mexico continue to affect the firm.<\/p>\n<p>Replacement cost profit for the first quarter from January to March was $5.5bn (\u00a33.33bn) compared with $5.6bn for the first quarter of 2010.<\/p>\n<p>The firm said it had incurred costs of $400m during the quarter as part of its efforts to clean up the Gulf.<\/p>\n<p>BP said the majority of the subsea clean up work had now been completed.<\/p>\n<p>However, BP&#8217;s output has dropped in recent months, after the firm sold oil fields and refineries to help pay for the cost of the clean up operation.<\/p>\n<p>US regulators have banned drilling in the Gulf, further restricting the BP&#8217;s production levels.<\/p>\n<\/div>\n<p>Read more:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-13199911\" title=\"BP's first quarter profits slip\" rel=\"noopener noreferrer\">BP&#8217;s first quarter profits slip<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 27 April 2011 Last updated at 02:43 ET Profits at oil giant BP have fallen as the costs of the 2010 Deepwater Horizon blast in the Gulf of Mexico continue to affect the firm. Replacement cost profit for the first quarter from January to March was $5.5bn (\u00a33.33bn) compared with $5.6bn for the first quarter of 2010. The firm said it had incurred costs of $400m during the quarter as part of its efforts to clean up the Gulf. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400932","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BP&#039;s first quarter profits slip - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BP&#039;s first quarter profits slip - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"27 April 2011 Last updated at 02:43 ET Profits at oil giant BP have fallen as the costs of the 2010 Deepwater Horizon blast in the Gulf of Mexico continue to affect the firm. Replacement cost profit for the first quarter from January to March was $5.5bn (\u00a33.33bn) compared with $5.6bn for the first quarter of 2010. The firm said it had incurred costs of $400m during the quarter as part of its efforts to clean up the Gulf.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"BP&#8217;s first quarter profits slip\",\"datePublished\":\"2011-04-27T06:25:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/\"},\"wordCount\":145,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/\",\"name\":\"BP's first quarter profits slip - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-04-27T06:25:38+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BP's first quarter profits slip - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/","twitter_card":"summary_large_image","twitter_title":"BP's first quarter profits slip - Ghanamma.com","twitter_description":"27 April 2011 Last updated at 02:43 ET Profits at oil giant BP have fallen as the costs of the 2010 Deepwater Horizon blast in the Gulf of Mexico continue to affect the firm. Replacement cost profit for the first quarter from January to March was $5.5bn (\u00a33.33bn) compared with $5.6bn for the first quarter of 2010. The firm said it had incurred costs of $400m during the quarter as part of its efforts to clean up the Gulf.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/"},"author":{"name":"","@id":""},"headline":"BP&#8217;s first quarter profits slip","datePublished":"2011-04-27T06:25:38+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/"},"wordCount":145,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/","url":"https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/","name":"BP's first quarter profits slip - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-04-27T06:25:38+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/04\/27\/bps-first-quarter-profits-slip\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/400932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=400932"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/400932\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=400932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=400932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=400932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}