Oil major BP accelerates pace of share buybacks even as full-year profit slides over 50%

Oil major BP accelerates pace of share buybacks even as full-year profit slides over 50%

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BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner." British oil giant BP on Tuesday announced plans to boost shareholder returns, even after a sharp drop in full-year profits aligned with lower oil prices. The energy major posted underlying replacement cost profit,…

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