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CNN

BP’s annual profit more than doubled last year to nearly $28 billion, boosting record earnings for the world’s oil majors and fueling calls for higher taxes on windfall profits.

The UK energy giant said: statement Its underlying replacement cost benefit increased to $27.7 billion in 2022, compared to $12.8 billion the year before. This indicator is an important indicator of the profitability of oil companies.

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(BP)
It also announced an additional $2.75 billion share repurchase on Tuesday and raised its fourth-quarter dividend by about 10% to 6.61 cents per share.

The earnings are the latest in a string of record results by the world’s largest energy company, which has enjoyed significant gains on the back of rising oil and gas prices.

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(RDSA)
report record profit This is more than double the previous year, when oil and gas prices soared following Russia’s invasion of Ukraine.

— This is a developing story and will be updated.



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