for russian armed forces as they have conscript soldiers and contract soldiers. do they bring in more conscript soldiers, veterans, start press ganging people, who knows? if they really want to follow through they really want to follow through the ambition of taking much more of ukraine, which they don t appear to be able to do right now. qm. ukraine, which they don t appear to be able to do right now. be able to do right now. 0k, dr samir puri. be able to do right now. 0k, dr samir puri, senior be able to do right now. 0k, dr samir puri, senior fellow i be able to do right now. 0k, dr samir puri, senior fellow in i be able to do right now. 0k, dr l samir puri, senior fellow in urban samir puri, seniorfellow in urban security and urban warfare with the international institute for strategic studies, thank you. the oil giant bp has made an underlying profit in the first quarter of the year of nearly £5 billion, the highest in over a decade, following soaring oil and gas prices. but
that was the british ambassador to kyiv who is now back in the city for the first time since the start of the first time since the start of the war. she has herfingernails painted in the blue and yellow of the ukrainian flag to underline her support for this country. in terms of the latest british military aid package of support for ukraine, detail of what that is. £300 million, electronic warfare equipment, counter battery radar, gps jamming equipment, thousands of night vision devices and also 13 armoured land cruisers to help rescue civilians from besieged areas. that is the latest. back to you in the studio. the oil giant bp has made an underlying profit in the first quarter of the year of nearly £5 billion, the highest in over a decade, following soaring oil and gas prices. but the company made an overall loss of more than £16 billion in that period, after writing off
oil and gas prices. the company made an overall loss of more than £16 billion in that period, after writing off its assets in russia. joining me is business editor simonjack. it is the headline profit down to rising oil prices that has grabbed attention and led to pressure for a windfall tax. we attention and led to pressure for a windfall tam windfall tax. we have suffered if ou like, windfall tax. we have suffered if you like, soaring windfall tax. we have suffered if you like, soaring oil windfall tax. we have suffered if you like, soaring oil and - windfall tax. we have suffered if you like, soaring oil and gas - windfall tax. we have suffered if i you like, soaring oil and gas prices which have tightened their grip on the cost of living squeeze but obviously someone is doing well out of it and they are the big oil companies, bp the first of a future report. you are right to look at the underlying issue. the overall loss, $25 billion was writing off the russian asset but peopl
and that write off is what shapes the results this morning. 0n the other side, a good performance by the company, but now they are into these treacherous waters of people threatening a windfall tax. i don t want to get into the political knock about on that. i think it s a matter for the government, but if they do impose a tax, that will mean that there are things that bp can t do, and they have set out this morning what they re going to do. they re going to invest more in the north sea and they are going to invest a lot more in renewables in the uk. if you take1 billion, 2 billion, 3 billion, whatever that ed davey wants, that investment will be reduced accordingly. find davey wants, that investment will be reduced accordingly. reduced accordingly. and bp, this is a hue, reduced accordingly. and bp, this is a huge. huge reduced accordingly. and bp, this is a huge, huge organisation. - reduced accordingly. and bp, this is a huge, huge organisation. the i a huge, huge organisation.
have to meet them, both from the north sea, from renewables and investment around the world. just going back to what has taken place in russia. how much of a hit was that, writing of that asset? 25 billion i that, writing of that asset? 2l}; billion i think that, writing of that asset? zlj billion i think was the figure they quoted. it was the right decision, i think it s better to do that than to be like some of the other companies like total, the french company who are staying there and propping up mr putin s regime by doing so, i think bp made the right decision, so did shell and others, but yes, it is a hit, but bp is strong enough to cope with it. ok. nick butler, thank you very much indeed. you re watching bbc news. let s turn our attention further afield. the us supreme court could be