BP PLC (LSE:BP.) appears confident in hitting pre-tax earnings of between US$46 billion and US$49 billion by 2025, UBS analysts have said following recent meetings with the oil giant. “This confidence comes from the high grading of its upstream portfolio through the ramp-up of higher-margin projects, increased presence in the liquified natural gas and power trading markets and integration of acquisitions already made,” a Thursday note said. Production capacity for some 100,000 barrels of oil equivalent per ...