The Latest Breaking News from British Petroleum

The State of Michigan alleges in a lawsuit that BP, Chevron, Exxon and other oil giants have been a 'cartel' that's 'suppressed innovation' around EVs.

Thirty-two companies in the fossil fuel sector are responsible for half of global greenhouse gas emissions, according to a report published on Wednesday – including Chevron and Exxon in the United States and BP in the United Kingdom, as well as state-owned companies in countries including Saudi Arabia, Russia and…

Many state-owned fossil fuel firms that emitted the highest levels of pollution in 2024 went on to block a phaseout roadmap at COP30.

Although Bill Gates announced in 2019 he would divest from fossil fuels, his trust's investments in these companies have continued to rise.

Trust had $254m invested in companies such as Chevron, BP and Shell in 2024, a nine-year record, analysis shows

Campaigners claim firm has bought sway over the teaching of science, technology, engineering and maths

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

Energy company also under pressure from worse oil trading performance and weaker oil prices

The oil giant joined FTSE 100 rival Shell, after it also last week cautioned over a weaker performance from oil trading amid lower crude costs.

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