BP profit soars to record $28 billion, dividend increased2 min read . Updated: 07 Feb 2023, 02:06 PM IST
- BP boosts dividend by 10% in sign of confidence
- Increases spending on oil and gas and renewables
LONDON : BP on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since Russia's invasion of Ukraine, while boosting its dividend in a sign of confidence as it scaled back plans to reduce oil and gas output by 2030.
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