Energy Transition

BP raises dividend despite tumbling profit and German wind splash

Profits sink 69% and fall below forecasts as supermajor launches another $1.5 billion buyback

Profits below forecasts: BP chief executive Bernard Looney.
Profits below forecasts: BP chief executive Bernard Looney.Photo: BP
Published 1 August 2023, 07:55Updated 1 August 2023, 11:08
BPShellTotalEnergiesBernard LooneyUK