Tag: bp

BUSINESS

BP Sees Mammoth Increase In Profit

BP plc, the British oil and gas company has seen its profits for the first quarter of this year more than doubled after oil and gas prices soared. The energy company reported an underlying profit of $6.2 billion compared to $2.6 billion in the same period last year. BP said the increase was ahead of expectations and due in part […]

BUSINESS

BP Sees Highest Profit In Eight Years

BP plc the British multinational oil and gas company has reported its highest profit for eight years, prompting calls for a windfall tax on energy companies. For the full year of 2021, BP recorded a profit of $12.8 billion compared to a loss of $5.7 billion in 2020. It made more than $4 billion in the final quarter of the […]