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BP’s £2bn profits cause anger amid climate crisis

Oil and gas company to return another $1.5bn to investors through a share buyback

BP has angered climate campaigners by reporting profits of $2.6bn (£2bn) for the second quarter of the year as the climate crisis triggers extreme heatwaves.

The company blamed falling oil and gas markets for the fall in profits from $8.5bn in the same period last year when Russia’s invasion of Ukraine ignited a surge in global energy markets.

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