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BP bags bumper 2023 profits, rewards investors
BP bags bumper 2023 profits, rewards investors
Economy
by  AFP

British energy giant BP logged multi-billion-dollar annual profits Tuesday despite lower oil prices and following boardroom turmoil, sending its share price rallying thanks also to more big payouts to investors. Reflecting lower oil prices and refining margins last year, BP revealed Tuesday that underlying profit excluding exceptional items halved to $13.8 billion.