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The National (Scotland)

National

Ninian Wilson

BP profits skyrocket amid demands for windfall tax to tackle cost of living

British Petroleum Oil Rosneft Bernard Looney United Kingdom Scottish Greens

BP have recorded soaring profits

BP has notched up its highest quarterly underlying profits for more than a decade thanks to rocketing oil and gas prices as calls grow for a windfall tax on the sector.

The energy giant explained the profits were in part a result of "exceptional oil and gas trading".

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