LONDON (Alliance News) - Oil and gas major BP PLC day said Human Resources Director Helmut Schuster sold 10,000 shares at a price of GBP3.94048 each Tuesday.
His total remaining shareholding was undisclosed.
BP earlier Tuesday said it swung to a loss in the first half of 2015 after revenue fell due to lower oil prices and it booked charges related to its long-awaited settlement over the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The FTSE 100 oil and gas giant reported a replacement cost loss of USD6.26 billion in the second quarter of 2015, swinging from a USD3.18 billion profit a year earlier.
The stock was trading up 1.4% at 392.60 Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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BP (BP.)