BP Doubles Profits

Credit: Wochit
Published on February 5, 2019 - Duration: 00:35s

BP Doubles Profits

LONDON (Reuters) - BP joined its competitors in posting a strong 2018 performance, with a doubling of profits driven by strong growth in oil and gas output following a large U.S. shale acquisition.

FILE PHOTO: BP's logo is seen on one of its corporate sponsor pavilions in the Olympic park, in Stratfod, east London, July 19, 2012.

REUTERS/Andrew Winning/File Photo Record utilization of its oil and gas fields and refining capacity further helped BP seal what was a transformational year as the aftermath of the deadly 2010 Deepwater Horizon disaster eased.


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