BP reports record profit in 2022, boosts oil spending plans and dividend

BP reports record profit in 2022, boosts oil spending plans and dividend

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BP BP-N on Tuesday reported a record profit of $28-billion for 2022 while boosting its dividend in a sign of confidence as it sharply raised overall spending plans and scaled back ambitions to reduce oil and gas output by 2030. The blockbuster profit follows similar reports from rivals Shell,…

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