BP reported stronger-than-expected profits of $2.4 billion for Q2, surpassing analyst forecasts. The company plans a $750 million share buyback and will implement cost-cutting measures with a new chair in September. Despite better results, BP is shifting focus back to oil and gas, increasing spending on fossil fuels while cutting renewable investments. Shares rose slightly, and analysts noted the positive quarter amidst challenging conditions. Teljes cikk (Euronews.com)