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The Latest Breaking News from British Petroleum

Unlikely bedfellows: Castrol deal draws private capital into industry

The deal reflects a shift in how investors view businesses like Castrol — less as consumer brands, and more as industrial infrastructure embedded in the global economy.

Euronews

FTSE fails to sparkle in tame pre-holiday trade

BP closed down 0.4% after announcing the sale of a 65% stake in its lubricants business Castrol.

Evening Standard

Nordstrom’s Half-Yearly Sale Just Answered the Question of “What Do I Wear This Winter?”

Look stylish all season long.

Marie Claire

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BP to sell majority stake in $10bn Castrol business to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debt

The Guardian - UK

BP to sell majority stake in Castrol to Stonepeak for £4bn

New York-based Stonepeak has agreed to buy a 65% stake in Castrol.

Evening Standard

S&P 500 and Dow hit record highs as Santa rally reaches Wall Street – as it happened

Rolling coverage of the latest economic and financial news, as stocks rise in New York’s shortened Christmas Eve session

The Guardian - UK

No Plans? No Problem—These Cozy On-Sale Loungewear Finds From Nordstrom Are Here for You

My phone is on Do Not Disturb.

Marie Claire

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I Can't Stop Shopping Nordstrom's Half-Yearly Sale—31 Pieces I'm Buying

Get 'em before they're gone.

Marie Claire

Was 2025 the year that business retreated from net zero?

From retailers to banks, carmakers to councils, the bold pledges for carbon-neutral economies are being watered down or scrapped

The Guardian - UK

BP's C-suite milestone: Women in both the CEO and CFO seats

Woodside Energy leader Meg O’Neill will join BP as CEO, alongside finance chief Kate Thomson.

Fortune

Morning Mail: cautious welcome for plan to tackle hate speech, seven detained in Sydney operation, England’s Snicko woe

Albanese government’s five-point plan is an essential ‘first step’, groups say; heavily armed officers swoop on two cars to allegedly prevent ‘violent act’

The Guardian - AU

BP opts for culture shock with new CEO appointment, but the timing is odd

The decision to replace Murray Auchincloss with Woodside’s Meg O’Neill is puzzling on at least two counts

The Guardian - UK

Meg O’Neill: ‘hard-nosed’ outsider who will head BP’s pivot away from green energy

First female appointment to a major oil company has faced fierce resistance from climate activists as boss of Woodside

The Guardian - UK

I hired an EV for a long weekend away. This is what I learnt

What would Lizzie Edmonds learn from driving the Škoda Enyaq Coupe?

The Independent UK

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The Guardian - UK

UN distances itself from International Women’s Day website winning corporate partnerships

Sainsbury’s, Barclays and University College London have all drawn on themes created by IWD site run by London business with no link to UN

Evening Standard

BP hires first female boss as chief executive steps down

Murray Auchincloss’s departure after less than two years follows the appointment of Albert Manifold as BP’s new chairman in July.

The Independent UK

BP hires first female boss after surprise departure of chief executive

The abrupt departure of Murray Auchincloss follows the appointment of Albert Manifold as BP’s new chairman

Evening Standard

FTSE 100 Live 18 December: Currys surges after results beat, BP names first female CEO

The Bank of England will today reduce the cost of borrowing by cutting interest rates from 4% to 3.75%.

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Evening Standard

Meg O'Neill becomes first female CEO of BP in its 116 year history as Auchincloss steps down

Auchincloss will serve in an advisory role until December 2026 “to ensure a smooth transition.”

The Guardian - AU

Woodside Energy’s Meg O’Neill, who criticised ‘zealous’ young climate activists, moves to BP

O’Neill tapped to lead global oil and gas giant, which has broken from net zero strategy and will ramp up fossil fuels

AAP

Woodside boss quits to become BP's first female chief

The leader of Australia's biggest oil and gas company has resigned to become the first woman to lead oil giant BP in the company's 116-year history.

The Guardian - UK

BP names Meg O’Neill as new CEO after incumbent ousted

O’Neill, who has led Woodside Energy since 2021, will be oil and gas company’s first female chief executive

Fortune

Embattled BP replaces CEO, naming Woodside Energy chief as first-ever woman leader of a Big Oil giant

BP’s new American CEO is a global traveler who just helped an Australian energy player grow worldwide.

Evening Standard

FTSE 100 dips as BP and Shell fall amid oil slide

Figures from the ONS showed the unemployment rate rose to 5.1% in the three months to October, up from 5% in the three months to September.

The Guardian - UK

Maria Balshaw to step down as director of Tate after nine years

Balshaw, who joined in 2017, helped steer organisation through Covid-19 and fluctuating attendance

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