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The Latest Breaking News from British Petroleum

Shell denies reports of BP megamerger of Big Oil rivals

A Shell-BP deal would represent the biggest energy deal of the century—if not ever.

Fortune

Shell denies reports of potential move to take over BP

Oil and gas giant Shell said no talks are taking place.

Evening Standard

Shell denies it is in talks to buy BP after reports of potential £60bn takeover

Spokesperson says report that it is considering bid for struggling rival is ‘further market speculation’

The Guardian - UK

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Shell In Talks To Acquire BP In Mega-Merger: Report

Shares of Shell PLC (NYSE:SHEL) are trading lower while BP PLC (NYSE:BP) shares are surging Wednesday afternoon following a Wall Street Journal report that the two British energy giants are in early-stage talks for a historic merger.

Benzinga

Fragile Iran-Israel ceasefire calms oil markets

Oil prices tumbled more after Iran struck US military base in Qatar, a sign Strait of Hormuz would stay open for now.

Al Jazeera

FTSE 100 underperforms despite Iran-Israel hope

The FTSE 100 index closed up just 0.95 points at 8,758.99.

Evening Standard

Reporters Without Orders Ep 373: JP Nadda’s rise, Maharashtra voter roll

This week, host Pratyush Deep is joined by Newslaundry’s Shivnarayan Rajpurohit and Sumedha Mittal.

Newslaundry

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Weak retail sales and falls in key oil and drug stocks stifle FTSE 100

The FTSE 100 index closed down 17.15 points, 0.2%, at 8,774.65.

Evening Standard

Stocks dip as Bank of England leaves interest rates unchanged

The FTSE 100 index closed down 51.67 points, 0.6%, at 8,791.80.

Evening Standard

Israel-Iran conflict fuels best month for energy stocks since 2022

European energy stocks soar as the Israel-Iran conflict drives Brent crude up 20% in June. The EURO STOXX 600 Energy index has gained 8% over the same period, on track for its best month since October 2022.

Euronews

Middle East tensions keep FTSE 100 on back foot

Donald Trump called for a “complete give-up” by Iran and denied pursuing a ceasefire in the war between the Islamic republic and Israel.

Evening Standard

Barrel legs are out, flattering flares are in — just ask Olivia Munn

The ideal denim for creating a well-balanced, hourglass silhouette, Olivia Munn's jeans are the cut to invest in

Woman & Home

Stocks mixed amid GDP miss and fresh trade worry

The UK economy fell at a faster pace than expected in April, numbers on Thursday showed, as services output slumped.

Evening Standard

Sarah Jessica Parker’s breezy white shirt is the effortless summer staple we all need

Easy, elegant, and endlessly wearable

Woman & Home

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Bored Panda

Before-And-After Photos Of Woman, 53, Go Viral After She Transforms Into Bodybuilding Champion

A 53-year-old from Brazil shocks social media with jaw-dropping transformation photos and inspirational messages to her thousands of fans

The Independent UK

AP PHOTOS: Fishermen say a new natural gas project off Senegal's coast threatens their livelihoods

Fishermen say a new natural gas project off the coast of Senegal — a joint venture between British energy giant BP and U.S.-based Kosmos Energy — is threatening their livelihoods.

The Independent UK

A new natural gas project off Senegal makes fishing communities feel threatened

Fishermen say a new natural gas project off the coast of Senegal has killed their livelihoods

Evening Standard

UK stock markets rise with trading steady while US tariffs ‘in limbo’

London’s FTSE 100 rose 55.93 points, or 0.64%, to close at 8,772.38.

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The Independent UK

Wrongful death lawsuit says Big Oil contributed to heat wave and woman's death

A Washington state woman is suing seven oil and gas companies, saying they contributed to an extraordinarily hot day that led to her mother’s fatal hyperthermia in one of the nation’s first wrongful-death claims seeking to hold the fossil fuel industry accountable for its role in the changing climate

The Guardian - US

US woman brings first-ever wrongful death lawsuit against big oil

Misti Leon argues fossil fuel companies’ climate negligence caused her mother’s death during a heatwave

The Independent UK

Starmer government ‘trying to fix wings of a plane while already in flight’, veteran political adviser says

The cross-bench peer and former boss of BP fears the prime minister does not have a proper plan

The Guardian - US

Oil industry funded Girl Scouts and British Museum to boost image, evidence suggests

BP has funded Washington’s National Gallery of Art, UK’s Royal Shakespeare Company and National Portrait Gallery

The Guardian - UK

Revealed: European ‘green’ investments hold billions in fossil fuel majors

Exclusive: Funds with names such as ‘Sustainable Global Stars’ have stakes in some of the world’s biggest polluters

MarketBeat

MarketBeat Week in Review – 05/12 - 05/16

Stocks had a strong week on a potential U.S.-China trade deal and cooler inflation data, but volatility may remain as investors shift focus to tax cuts

The Guardian - UK

Foreign states should not be co-owners of UK newspapers

The definition of an acceptable state stake should be zero if one is serious about protecting press freedom

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