A more-than-doubling in FY2022 profits and an impressive increase in cash flow from operations have led bp to increase its quarterly dividend by 10% and continue its buyback spree with $2.75 in Q1 FY2023. The updated outlook highlights increased EBITDA from the energy transition business of around $10-$12bn by 2030, with double-digit returns across the EV charging, hydrogen, and bioenergy businesses while “resilient hydrocarbons” will still contribute 75%-76% of the EBITDA at an assumed oil pric ....
