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.
