The Latest Breaking News from British Petroleum

Fossil fuel bosses get ‘red carpet’ at Cop29 despite concerns over influence

Revealed: more than 100 executives given special guest badges as activists challenge role of oil and gas firms at talks

The Guardian - UK · Nov 15, 2024

Big oil firms knew of dire effects of fossil fuels as early as 1950s, memos show

Newly unearthed documents contain warning from head of Air Pollution Foundation, founded in 1953 by oil interests

The Guardian - US · Nov 12, 2024

Carbon credit trade rules approved, breaking lengthy deadlock – Cop29 day one, as it happened

Draft decision on article 6 approved with no objections

The Guardian - UK · Nov 11, 2024

BP posts weakest quarterly profits in almost four years amid lower oil prices

Energy company says it plans to cut at least $2bn of cash costs from the business by the end of 2026

The Guardian - UK · Oct 29, 2024

BP delivers smallest quarterly profit since the pandemic amid shareholder unrest

Oil supermajor to reward investors with a dividend of 8 cents and a $1.75 billion share buyback “as part of our $3.5 billion commitment for the second half of 2024.”

Evening Standard · Oct 29, 2024

BP profits slump as faltering demand hits refining margins

The energy giant said profits were down more than 30% compared with the same period a year earlier, amid faltering oil demand globally.

The Independent UK · Oct 29, 2024

FTSE 100 Live 29 October: HSBC shares rally as results beat hopes, BP profits fall

Top marks for Pearson and forecast-beating HSBC today contrasted with a results-day setback for BP near the foot of the FTSE 100 index.

Evening Standard · Oct 29, 2024

Oil prices tumble as ‘hopes of de-escalation’ in Middle East rise

The FTSE 100 moved 36.78 points higher, or 0.45%, to close at 8,285.62.

Evening Standard · Oct 28, 2024

FTSE 100 Live 28 October: Oil price slide hits BP and Shell, Trainline upgrades guidance

A 5% slide in the price of Brent Crude today ensured BP and Shell led the fallers board during an otherwise resilient session for the FTSE 100 index.

Evening Standard · Oct 28, 2024

BP and Shell to reveal lower profits amid decline in oil refining margins

BP reports third quarter results on Tuesday and Shell on Thursday when faltering oil demand is expected to hit earnings.

The Independent UK · Oct 25, 2024