Profit more than doubled at oil giant BP last year as the business benefited from runaway gas prices caused by the war in Ukraine.The company said it will invest an additional eight billion dollars (£6.6 billion) each in the energy transition, and in oil and gas, as boss Bernard Looney promised to keep affordable energy flowing.

Profit more than doubled at oil giant BP last year as the business benefited from runaway gas prices caused by the war in Ukraine.The company said it will invest an additional eight billion dollars (£6.6 billion) each in the energy transition, and in oil and gas, as boss Bernard Looney promised to keep affordable energy flowing.