Bob Dudley

North of Scotland

BP boss hails ‘steady progress’ as profits rocket

July 31, 2018

BP’s boss praised the oil major’s “steady progress” as profits soared in the first-half of 2018. UK-headquartered BP chalked up pre-tax profits totalled £6.7 billion, up 190% year-on-year, while revenues increased to £111bn from £86bn. The firm’s underlying replacement cost profits more than doubled to £4.1bn. >> Read more on Energy Voice here <<