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The Latest Breaking News from British Petroleum

Stocks rise, oil falls, on fresh Middle East hope

The FTSE 100 closed up 26.10 points, 0.3%, at 10,609.06.

Evening Standard

UK workers should stay at home to save fuel, says ex-government adviser

Professor Nick Butler warns the price of diesel could still go a ‘good deal’ north of £2 per litre

The Independent UK

BP’s new boss to overhaul structure after retreat from green strategy

Meg O’Neill to return to upstream and downstream divisions after shift away from low carbon push

The Guardian - UK

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read the most diverse news in one place.

BP sees ‘exceptional’ oil trading result as Iran war sends crude costs soaring

Oil prices have surged higher since the US-Israel war on Iran started and are now more than 60% up so far this year.

The Independent UK

‘A disturbing lack of integrity’: Columbia students file complaint against energy thinktank taking big oil money

Members of Sunrise Movement chapter claim university’s energy center engaging in deceptive trade practices

The Guardian - US

FTSE 100 suffers losses amid fears over US-Iran ceasefire

Evening Standard

Oil Prices Crash 16% on Iran War Ceasefire—Why ExxonMobil Is Still the Only Buy That Makes Sense

Oil prices and stocks had soared on the escalation of the Iran war, but a two-week ceasefire sent them plummeting. However, regardless of whether the ceasefire holds or new hostilities break out, one oil stock is a buy no matter which way this conflict goes.

Barchart

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Stocks surge and oil tumbles amid US-Iran ceasefire

The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88.

Evening Standard

BP shareholders advised to vote against chair over climate resolution exclusion

Glass Lewis says blocking of proposal to share company’s longer-term strategy at AGM raises transparency issues

The Guardian - UK

Jet fuel rationing introduced at four airports in Italy

Air BP Italia has fuel restrictions in place until at least 9 April

The Independent UK

Northern Ireland leads surge in fuel prices since start of Iran war

Petrol has risen 19% and diesel 35%, while in England the north has had the sharpest increases

The Guardian - UK

Shareholder activists accuse BP of trying to weaken climate transparency

A group of green investors have accused the oil major of seeking to cut the amount of climate-related information that it has to share.

Evening Standard

BP is operating in a world of ‘significant complexity’, new boss tells staff

Meg O’Neill’s memo comes as company tries to rebuild strategy amid oil shock of Iran war and after failed green pivot

The Guardian - UK

Invisible plumes and ‘terrible pollution’: the reality of the US gas sites rated ‘grade A’

Exclusive: Guardian investigation into reliability of methane certification issued by MiQ reveals weakness of voluntary model

The Guardian - UK

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Fortune

Embattled former BP CEO takes over Wyoming hyperscaler as first woman leader of Big Oil giant becomes new BP chief

The former BP chief is entering the AI age with American data center projects.

The Guardian - US

‘God squad’ waives endangered species law to allow US drilling in Gulf of Mexico

Critics say exemption for fossil fuels exploits White House’s ‘self-made gas crisis’, and could doom the rare Rice’s whale

Barchart

BP PLC ADRs Have High Call Option Yields for Value Investors

BP PLC American Depository Receipts (ADR) now have attractive call option premiums, worth shorting. A 10% out-of-the-money BP call has a 1.3% yield over the next month. That works out to 3.7% yield over 3 months.

Evening Standard

Prime Minister to chair Cobra meeting on economic hit of Iran war

Sir Keir Starmer told business leaders on Monday that it must be a ‘joint effort’ to tackle the impact of the war.

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The Independent UK

Federal 'God squad' poised to exempt oil and gas drilling in the Gulf from endangered species rules

Trump administration officials will soon consider exempting oil and gas drilling in the Gulf of Mexico from the Endangered Species Act

Evening Standard

Starmer to meet business leaders as Trump considers invading Iranian island

Bosses from energy firms including BP and Shell and representatives from shipping and banking firms will meet Sir Keir Starmer.

The Independent UK

Petrol prices latest: Motorists hit by 23-year record over cost of diesel as Starmer prepares for emergency talks

The average price of a litre of diesel at UK forecourts rose to 179.9p on Sunday, 28.5p more than petrol (151.4p).

The Independent UK

Judge won't block meeting that could exempt Gulf drilling from Endangered Species Act

A judge has ruled that the government can convene a meeting next week to seek an exemption from the Endangered Species Act on the basis of national security for expanded oil and gas drilling in the Gulf of Mexico

Medical Daily

Antihypertensives and Hypertension Drugs Plus Lifestyle Steps for Long Term BP Control

Discover how antihypertensives, hypertension drugs, and simple lifestyle changes work together for safer BP control, fewer complications, and more sustainable long-term heart health.

Evening Standard

FTSE 100 falls as Iran responds to US proposals

Stocks fell on Thursday amid uncertainty around talks between the US and Iran to end the war in the Middle East.

International Business Times

FTSE 100 Top 5 Gainers: Next Leads Risers as Index Dips Slightly on March 26

LONDON — Next plc dominated the FTSE 100 gainers Thursday as the blue-chip index edged lower amid renewed oil price volatility and lingering geopolitical uncertainties tied to the Middle East.

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