Tuesday, February 11, 2025
Energy prices lift BP profits to 8-year high- oil and gas 360

Energy prices lift BP profits to 8-year high

Yahoo Finance LONDON – BP’s profits hit their highest in eight years in 2021, lifted by soaring gas and oil prices, as the company boosted share repurchases and accelerated plans to cut emissions with increased spending on low carbon energy. BP’s rebound to an annual profit of $12.85 billion after a large loss in 2020, is likely to add to