News in brief


  • Business
  • Thursday, 29 Apr 2004

DALLAS: BP, the world's second largest oil and gas company, reported a rise in first-quarter profit as one-time gains along with higher crude oil prices and refining and chemicals margins outweighed lower natural gas prices and natural gas liquids and marketing margins. 

London-based BP, which trails only ExxonMobil, said its net income was US$4.17bil compared with US$3.42bil a year ago. 

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