BP pays out eye-watering returns 'instead of covering cost of natural disasters, Ukraine war'

The billions of pounds that BP PLC (LSE:BP.) has promised to investors in share buybacks and dividends in the past year could instead be used to pay for dealing with natural disasters, covering the UK or Australia for the next seven years or more than paying for the damage caused by last year’s Hawaii firestorm. This is according to non-profit group Global Witness, which said natural disasters "have been made worse and more likely by the oil and gas that give BP its profits, and its shareholders their payou ...