BP profits fall 19% in 2012 after oil spill fine
BP has reported a 19% fall in profits for 2012 to $17.6bn (£11.2bn), down from $21.7bn the previous year, just days after the US court approved a record $4bn fine for the Gulf of Mexico oil spill.
However, BP's share price rose 1.55% to 469.20p by 10.30am this moring as the oil giant's Q4 figures were better than analysts had expected. They had predicted a fall in quarterly profits in the last...
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