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BP pledges strategic 'reset' as profit tumbles
BP pledges strategic 'reset' as profit tumbles

Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy. Faced with lower oil and gas prices, Shell also reported a drop to its annual net profits for 2024 last month. ajb/bcp/lth