UK energy giant BP's profit increased in the second quarter of 2018, including the replacement cost profit for the second quarter of the year which was $2.8 billion, or  four times the reported amount for the same period in 2017, with significantly higher earnings from the Upstream and Russian oil major Rosneft, BP said in a press release on July 31.

“We continue to make steady progress against our strategy and plans, delivering another quarter of strong operational and financial performance,...

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