9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
BP (British Petroleum)one of the largest energy companies in the world, founded in 1909 in England. In the field of oil, natural gas and sustainable energy BP, which
BP (British Petroleum)one of the largest energy companies in the world, founded in 1909 in England.
In the field of oil, natural gas and sustainable energy BP, which has large investments, is known for its global fuel distribution networks and energy production facilities.
Since the fuel industry in Turkey is a sector in which many large companies, both domestic and foreign, compete with each other in recent years, the competitive conditions is an obstacle to profitability It is said.
For this reason, BP saw that it was possible to continue its presence in Turkey at a high cost the profit figures are not at the expected level It is said that his realization led to this decision.
For this reason, instead of operating with lower profits in the Turkish market, BP towards more profitable markets It is indicated that he prefers
It is also stated that BP has decided to withdraw taking into account the economic problems in Turkey as exchange rate fluctuations create a risky environment for foreign investors.
BP’s global move from fossil fuels to sustainable energy don’t invest anymore It is known that it has undergone a strategic transformation towards
As part of this strategic transformation, the company will reduce its oil and natural gas activities. sustainable energy sources It is stated that it is aimed at direction
In this regard, BP should deploy its resources more less profitable or limited growth potential It says it wants to withdraw it from the markets and use it for renewable energy projects.
The fact that the fuel distribution activities in Turkey did not achieve the expected profits led BP to focus on new and more profitable projects. leaving the Turkish market behind It seems to have formed the basis.
In summary: BP’s fuel activities in Turkey By transferring it to Petrol Ofisi The decision to leave our country is seen as a commercial decision.
Follow Webtekno on X and don’t miss the news
Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
