The record revenue was made even as BP lost $ 25.5 billion due to the exit from the Russian market.
British Petroleum, a transnational oil and gas company headquartered in London, has announced its highest earnings in 10 years. In the first quarter of this year, the corporation received $ 6.2 billion, according to its website on Tuesday, May 3rd.
It indicates that record revenue was received even despite the fact that BP lost $ 25.5 billion due to withdrawal from the Russian market. This was mostly due to the sale of a nearly 20% stake in Rosneft and departure from joint ventures with it.
The corporation is at a significant plus due to rising prices for oil and natural gas, as well as due to the “extraordinary” buying and selling of these fuels.
As you know, since 2013, BP owns a 19.75% stake in Rosneft, but in February decided to remove this package. The head of the corporation, Helge Lund, said Russia’s attack on Ukraine was an act of aggression with tragic consequences for the entire region.
News from Athletistic in the Telegram. Subscribe to our channel Athletistic
Source: korrespondent
