British Petroleum says 2013 net profit more than doubles to $23.45 bn

British Petroleum says 2013 net profit more than doubles to $23.45 bn

 

London (AFP)

 

British Petroleum, BP, said Tuesday that net profits more than doubled in 2013, compared with the previous year when it faced huge fines linked to the 2010 Gulf of Mexico oil spill.

 

Earnings after taxation soared to $23.45 billion (17.33 billion euros) last year, boosted by strong oil and gas output growth, the British energy giant said in a results statement.

 

That compared with $11.017 billion in 2012.

 

(Agence France-Presse, 4 Tuesday February 2014 The Roman)