BP's earnings more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia's invasion of Ukraine.Underlying replacement cost profit, which excludes one-time items and fluctuations in the value of inventories, jumped to $US8.15 billion ($12.64 billion) from $US3.32 billion ($5.15 billion) in the same period last year, BP said on Tuesday. The company also announced plans to reward shareholders, buying back another $2.5 billion of stock.Soaring earnings at British energy companies are fueling calls for the government to expand a tax on their windfall profits as Prime Minister Rishi Sunak struggles to close an estimated £40 billion ($71.62 billion) hole in the budget. BP rival Shell last week said third-quarter earnings more than doubled to $US9.45 billion ($14.66 billion).
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