LONDON, Feb. 7 (Xinhua) -- Energy giant BP on Tuesday reported a record annual profit of 27.7 billion U.S. dollars for 2022, more than double that of the year earlier and exceeding the previous record set in 2008.
BP's underlying profit for the fourth quarter of 2022 was 4.8 billion U.S. dollars, down from the 8.2 billion U.S. dollars for the previous quarter.
The quarterly result was impacted by a below average gas marketing and trading result after the exceptional result in the third quarter, lower oil and gas realizations, a higher level of refinery turnaround and maintenance activity, and lower marketing margins and seasonally lower volumes, the company said. ■
