BP says first quarter profits more than double

27th April 2010, Comments 0 comments

Europe's biggest oil company BP said Tuesday its first quarter net profit jumped 137 percent from a year earlier to 6.08 billion dollars, buoyed by rising energy prices.

Adjusted net profit was up 135 percent to 5.60 billion dollars while production in the three months period was little changed at 4.01 million barrels of oil equivalent per day.

© 2010 AFP

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