2 Days
Source:
المشهد العربي
BP profits increase amid Arqia sale
British energy company BP achieved a record net profit in the second quarter of 2026, reaching $5.7 billion—a 142.6% increase compared to the previous year. This was driven by higher fossil fuel prices and expanded refining margins, along with a focus on reducing investments in renewable energy solutions and plans to sell Arkea Energy for $4.1 billion, as part of a strategic reorientation toward oil and gas activities.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)