Energy major BP notches record US$27.7bn profit for 2022

ENERGY major BP on Tuesday reported record annual profits for 2022, more than doubling last year’s total as oil and natural gas prices soared last year following Russia’s full-scale invasion of Ukraine and energy supply disruptions.

Energy major BP notches record US$27.7bn profit for 2022 Energy major BP notches record US$27.7bn profit for 2022 Energy major BP notches record US$27.7bn profit for 2022 Energy major BP notches record US$27.7bn profit for 2022 Energy major BP notches record US$27.7bn profit for 2022

 

The UK-listed legacy oil and gas company posted underlying replacement cost profit, used as a proxy for net profit, of US$27.7 billion for 2022, compared with $12.

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