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07-02-2023, 11:24 AM | #1 | |||
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[BP has revealed it is to miss a key climate
goal while announcing record annual profits. The London-based firm said its main earnings measure, underlying replacement cost profit, came in at $27.7bn (£23bn) for 2022. That is more than double the previous year's sum despite weaker oil and gas costs knocking its performance in the final quarter. The earnings figures further inflamed the debate on whether big oil and gas firms should be handing more back through windfall taxes amid the energy-driven cost of living crisis.] https://news.sky.com/story/windfall-...ofits-12804564 Life In The City |
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