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The Latest Breaking News from British Petroleum

BP faces calls for new strategy to end period of turbulence

Full-year results expected to reveal weaker profits as company also faces investor pressure over climate U-turn

The Guardian - UK

Michigan accuses big oil of being ‘cartel’ that fuels climate crisis and high energy costs

In first-of-its-kind complaint, state accused four fossil fuel majors and US oil lobbying group of climate disinformation

The Guardian - US

Mandelson sought Epstein’s help in hunt for lucrative roles at Glencore and BP

Days after Labour’s 2010 defeat former cabinet minister began dogged pursuit of ‘highly paid’ jobs, emails show

The Guardian - UK

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Andrew invited Epstein to Buckingham Palace after child sex offender’s release, files show

Emails between former prince and financier revealed in latest tranche of released documents

The Guardian - UK

One of America’s Biggest EV Charging Networks Is Betting Big On NACS

EVgo is ramping up installations of Tesla-style NACS charging ports. Others are doing the same, and that's great news for all EV drivers.

InsideEVs

Michigan Is Suing Oil Companies For 'Suppressing' EVs

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.

InsideEVs

Half of 2024 global emissions produced by just 32 fossil fuel firms, study finds

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…

Radio France Internationale

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‘Wrong side of history’: Report ties top polluters to countries blocking fossil fuel phaseout

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

Euronews

Billionaire Bill Gates Trust's Fossil Fuel Holdings Rise Despite Divestment Claims

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

International Business Times UK

Bill Gates charity trust’s holdings in fossil fuel firms rise despite divestment claims

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

The Guardian - UK

BP accused of ‘insidious’ influence on UK education through Science Museum links

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

The Guardian - UK

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

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.

Barchart

BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels

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

The Guardian - UK

BP cautions over ‘weak’ oil trading and reveals up to £3.7bn in write-downs

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.

Evening Standard

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Marie Claire

These New Affordable Nordstrom Finds Pulled Me Out of My Winter Fashion Rut

25 under-$100 sweaters, denim, sneakers, and more for a mid-season refresh.

inkl

Discover the Best Fleet Fuel Card and Save More with earnify

Earnify helps businesses save with the best fleet fuel card. Find out key benefits, features, and how to boost your fleet’s efficiency today.

Barchart

Should You Buy the Dip in First Solar Stock?

First Solar stock sinks as Jefferies downgrade it to “hold”. Here’s why the investment firm cautions against owning FSLR shares at current levels.

Barchart

Venezuela Just Thrust Oil Stocks Into the Spotlight. Does That Make BP a Buy Here?

BP is a blue-chip energy stock that offers you a dividend yield of almost 6% in 2026 and could gain traction in Venezuela.

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Evening Standard

Oil prices drop as Trump vows to seize up to 50m barrels of Venezuelan crude

Brent crude dropped below 60 US dollars a barrel after the US leader said Venezuela would turn over oil worth close to £1.5 billion.

The Independent UK

Oil prices drop as Trump vows to seize up to 50 million barrels of Venezuelan crude

Brent crude dropped below $60 a barrel after the US leader said Venezuela would turn over oil worth close to £1.5bn

International Business Times UK

UK's Shell Eyes Billions in Venezuela Gas Fields After Trump's Maduro Ouster

Shell could earn billions from Venezuelan gas after Trump's removal of Maduro lifts sanctions, offering economic gains but raising environmental and market concerns.

Euronews

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.

Evening Standard

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.

Marie Claire

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

Look stylish all season long.

The Guardian - UK

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

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