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.
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.
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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