British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
- Posted on February 11, 2025
- By CNBC
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British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
![](https://image.cnbcfm.com/api/v1/image/107279140-1690805437385-gettyimages-1420436736-bp-1.jpeg?v=1739193580&w=1920&h=1080)
British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to "fundamentally" reset the embattled energy company's strategy.