The Latest Breaking News from British Petroleum

BP halts share buybacks and ramps up cost-cutting as profits slump

The FTSE 100 oil giant reported a 16% fall in underlying replacement cost profits to 7.49 billion US dollars (£5.47 billion) for 2025.

Evening Standard · Feb 10

Barclays boss ‘shocked’ by Epstein revelations; BP annual profits slump 16% – as it happened

Barclays CEO speaks as bank deals with fallout of ex-boss Jes Staley’s ties to convicted child sex offender; Japan’s stock market jumps to new peak in extended rally after Sanae Takaichi’s party secures election victory

The Guardian - UK · Feb 10

FTSE 100 Live 10 February: Barclays boss gets £15m pay packet, BP halts buybacks

BP today halted share buybacks and reported a big fall in profits during a weaker session for the FTSE 100 index.

Evening Standard · Feb 10

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 · Jan 28

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 · Jan 25

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 · Jan 22

‘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 · Jan 22

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 · Jan 20

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 · Jan 19

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 · Jan 16