BP’s profits hit $6.2 billion (£5 billion) in the first three months of this year after benefiting from the soaring price of oil and gas.
The figure, which compares with $2.6 billion a year earlier, excludes a one-hit of $24 billion (£19.2 billion) after BP ditched its 19.75% shareholding in Rosneft as part of the company’s exit from Russia.
Amid calls for a windfall tax on the energy industry, BP said it planned to invest £18 billion in the UK’s energy system by the end of 2030.
