Home News UK & World News

BP reveals profits boost

Feb 3 2009

BP announced its annual profits jumped 39% to 25.6 billion US dollars (£18.1 billion) as last year's soaring oil prices fuelled results.

The performance came despite a profits blow in the final three months of the year, as prices retreated sharply from the record of almost 150 US dollars a barrel reached in July.

But BP's profits - alongside rival Royal Dutch Shell's European record of £22 billion in profit last week - leaves the duo with a combined £40 billion haul from 2008.

Keep up to date with the news. Sign up for News Alerts

Have your say on the latest news and sport in our Forums

To the Chester Chronicle homepage

Site Tools