BP surges back into profits, as US criminal trial looms
BP returned to profit with a bang last year, posting net earnings of $23.9 billion on Tuesday, as the British energy giant prepared for a criminal trial over the US Gulf of Mexico oil spill disaster.
BP returned to profit with a bang last year, posting net earnings of $23.9 billion on Tuesday, as the British energy giant prepared for a criminal trial over the US Gulf of Mexico oil spill disaster.
BP announced adjusted profit after tax equivalent to 18.2 billion euros for 2011, as higher oil prices offset a drop in production, according to a group statement.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
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