LONDON, May 3 (Xinhua) -- Oil giant BP reported Tuesday that its underlying profit for the first quarter of this year saw a huge increase to 6.2 billion U.S. dollars, fueling discussions about a windfall tax on energy companies.
The company's profit was 2.6 billion dollars during the first three months of 2021, and 4.1 billion in the fourth quarter of last year. BP said this year's increase was driven by exceptional oil and gas trading, higher oil realizations and a stronger refining result.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
