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BP has revealed its profit for the past three months has more than doubled compared with the same period last year, amid growing calls for stiffer windfall taxes on energy producers.It came as BP confirmed it will be hit by the new windfall tax on its UK operations this year, unlike rival Shell.The London-listed oil giant reported that underlying replacement cost profits - a measure preferred by BP - surged to 8.2 billion US dollars (£7.1 billion) for the quarter to September, compared with 3.3
BP has revealed its profit for the past three months has more than doubled compared with the same period last year, amid growing calls for stiffer windfall taxes on energy producers.It came as BP confirmed it will be hit by the new windfall tax on its UK operations this year, unlike rival Shell.The London-listed oil giant reported that underlying replacement cost profits - a measure preferred by BP - surged to 8.2 billion US dollars (£7.1 billion) for the quarter to September, compared with 3.3 billion dollars (£2.9 billion) a year earlier.
↗https://www.dailymail.com/video/news/video-2806975/BP-expects-pay-windfall-tax-posting-massive-profits-July-September.html
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