BP third quarter 2006 results

BP Group Chief Executive, Lord Browne, said:

“The trading environment reflected higher oil realizations and retail margins but lower refining margins and gas realizations compared to a year ago. The third quarter result benefited from significant disposal gains and IFRS accounting effects. Results are being impacted by higher tax charges. The share buyback programme is continuing, with $3.5 billion of share repurchases during the quarter”.