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Tag: Oil

  • UK energy company BP's profits double to €26 billion in 2022

    British energy supermajor BP has reported record annual earnings, fueling demands that the UK boost taxes on companies benefiting from the surge in energy prices. The London-based giant’s profits have jumped to nearly € 26bn in 2022 from just under € 12bn a year earlier. That beat the previous record profits BP earned in 2008,…