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The Latest Breaking News from British Petroleum

Is it time to fire Douglas Alexander and scrap the role of Scottish Secretary?

WHAT exactly is the point of Scottish Secretary Douglas Alexander? That is a question that people in Scotland should be asking anyway ...

The National (Scotland)

Swinney urges Burnham to scrap windfall tax after BP announcement

BP announced it had put its North Sea operations up for sale on Friday.

Evening Standard

John Swinney says UK windfall tax 'hurting Scotland' amid BP sell-off

JOHN Swinney has called on the Labour UK Government to ditch the Energy Profits Levy that is "hurting Scotland" after BP announced it…

The National (Scotland)

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SNP calls for ‘decisive action’ as BP reveals plan to sell North Sea operations

The energy giant has said its North Sea operations would be ‘better positioned as part of another company’.

Evening Standard

British oil giant BP prepares to sell North Sea business

Amid higher windfall taxes and volatile global energy markets, BP's proposed sale could bring an end to around 60 years of North Sea production under the British energy giant’s ownership.

Euronews

BP’s North Sea business up for sale after six decades of production

IN FULL

The Independent UK

BP puts North Sea oil and gas business up for sale

Move will end six decades of production in area, as new CEO tries to simplify company and cut debt

The Guardian - UK

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FTSE 100 on track for best month since first US attacks on Iran five months ago – as it happened

Live, rolling coverage as London’s biggest companies defy Middle East disruption and UK petrol prices rise to around £1.60 per litre, the highest since Donald Trump ordered renewed strikes

The Guardian - UK

Major oil giant puts North Sea operation up for sale in potential £2 billion move

Oil giant BP has said it is putting its UK North Sea business up for sale after 60 years of production

The National (Scotland)

BP puts its North Sea oil and gas business up for sale

Chief executive Meg O’Neill said she believed the North Sea business would be ‘better positioned as part of another company’

The Independent UK

BP puts its North Sea business up for sale after 60 years of production

Chief executive Meg O’Neill said she believed the North Sea business would be ‘better positioned as part of another company’.

Evening Standard

Courage over graft

Re: "PM pledges full investigation", ( BP, July 29).

Bangkok Post

Scale AI taps former Google Cloud executive as CEO

Scale AI appointed Francis DeSouza as chief executive officer, effective August 10. DeSouza brings over thirty years of enterprise technology experience to the AI company. He previously led Google Cloud's security products and served as Illumina's CEO. Scale AI recently added BP and Mayo Clinic as new enterprise customers. The…

The Economic Times

FTSE 100 sets new record ahead of US rate call

The FTSE 100 was lifted by well-received earnings and gains in BP and Shell as the oil price strengthened.

Evening Standard

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Evening Standard

Stocks jump as US-Iran pause sees oil price fall

The US held fire at the weekend after 13 days of attacks on sites in Iran.

Kiplinger

I'm a Portfolio Manager: This Is Why Energy Resiliency and Oilfield Service Stocks May Represent a New Growth Opportunity

The war in Iran has thrown a spotlight on energy security. Should investors look toward oilfield service companies that make dependable supplies possible?

The Guardian - UK

Oil prices fall as US pauses strikes on Iran over strait of Hormuz

Brent crude drops 9% to below $88 a barrel, prompting UK government bond yields to fall

The Independent UK

FTSE 100 falls as Middle East war intensifies

Brent oil topped 100 dollars a barrel on Thursday for the first time since May.

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The Independent UK

The men behind Trump's $3.47 gas: An NFL coach, a GOP fundraiser and two New Jersey brothers

President Donald Trump and his White House have enthusiastically promoted the Freedom Fuel Network, a chain of star-spangled gas stations

The National (Scotland)

Andy Burnham to have 'change of emphasis' on North Sea oil and gas, Labour MP says

ANDY Burnham will have a “change of emphasis” on North Sea oil and gas, Labour’s deputy leader has said, despite the party previously pledging…

The Economic Times

Reliance-BP’s KG-D6 gas output falls 7% in June quarter as natural decline continues

Natural gas output from the KG-D6 fields operated by Reliance and BP has seen a year-on-year decline of approximately seven percent, with the June quarter averaging 24.8 million standard cubic meters per day. This production level was shy of the preceding January-March quarter's output. After reaching a peak in early…

International Business Times

BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region's dependence on routes vulnerable to disruption.

Bangkok Post

King of scams

Re: "5,814 caught in exam scandal" & "Honeymoon ends for PM Anutin", ( BP, July 16).

Benzinga

Trump Declared The Iran Ceasefire 'Over': These 7 Energy Stocks Have Been Cashing In Ever Since

Crude is up roughly 10%, topping $80 per barrel, since President Donald Trump declared the Iran deal was “over.”

The Economic Times

ConocoPhillips takes 42% stake in BP Iraq venture

ConocoPhillips will acquire a minority stake in BP's northern Iraq oil venture. The deal involves BP Energy Company of Kirkuk Limited's production sites. This agreement is expected during Iraq Prime Minister Ali al-Zaidi's Washington visit. ConocoPhillips anticipates value creation through efficient redevelopment and exploration. The partnership aims to boost production…

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