The Guardian | BP profits plummet 44% as oil prices continue to fall The Guardian Referring to BP's cost-cutting programme, he added: “We are delivering significant improvements to the business that will stick at any oil price. We are now well down the path of transforming our business to compete, whatever the future holds. We now ... Oil giants face slippery slope of earnings season BP profits hit by lower oil price BP Profit Sinks as Lower Oil, Weak Refining Strain Industry |