High oil price boosts BP profit
LONDON, England (AP) -- BP says its second-quarter profit has risen 28 percent to about £9.47 billion (U.S.$18.84 billion) compared to the same period last year.
The world's third-largest integrated oil concern said its total revenues had risen over the same period had risen 49 percent to £110.98 billion (U.S.$220.86 billion) as oil prices continued to hover above U.S.$125 a barrel.
The company also said net income from its troubled Russian joint venture had nearly doubled to £1.35 billion (U.S.$2.69 billion.)
The company's American CEO Robert Dudley left Russia last week after being called in for questioning by prosecutors.
BP announced dividend payments of 14 cents per ordinary share to be paid in September.
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