BP has revealed second-quarter profits more than trebled to a 14-year high, as it joined rival Shell in reaping the benefits of soaring oil and gas prices.
It reported underlying replacement cost profits - its preferred measure - up to a better-than-expected £6.9bn for the three months to 30 June, from £2.3bn a year ago.
BP also confirmed a 10% rise in the dividend shareholder payout, ramping up its share buyback plan with another £2.9bn due before the end of September.
