UK energy company BP's profits double to $27.7 billion

U.K. energy giant BP’s profits doubled to $27.7 billion

LONDON >> British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine.

UK energy giant BP's profits double to almost $40 billion

British energy firm BP has reported record annual earnings, fuelling demands that the UK government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine.London-based BP said underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, jumped to A$39.9 billion in 2022 from $18.4 billion a year earlier. That beat the $38.6 billion BP ea…

UK energy giant BP's profits double to $27.7 billion

LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine .

UK energy giant BP's profits double to $27.7 billion

LONDON (AP) — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine .

U.K. energy giant BP’s profits double to $27.7 billion

British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia's invasion of Ukraine.

UK energy giant BP’s profits double to $27.7 billion

LONDON — British energy firm BP reported record annual earnings Tuesday, fueling demands that the U.K. government boost taxes for companies benefiting from the high price of oil and natural gas after Russia’s invasion of Ukraine. Read more...