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The Independent UK
The Independent UK
National
Ben Chapman

BP reports £9.5bn profits as energy prices surge amid calls for windfall tax on oil giants

British Petroleum
PA

BP has posted £9.5bn ($12.8bn) in annual profits as it benefits from higher oil and gas prices amid calls for a windfall tax on the sector.

The oil giant rebounded to its highest profit in eight years after recording its biggest ever annual loss in 2020.

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