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The Latest Breaking News from British Petroleum

"I got my left ring finger shot off. So that was the end of my guitar career pretty much": The incomparable tales of Dr John

Late New Orleans legend Dr John on that time he drank a case of Blue Nun with Frankie Miller, and other stories

Louder

Top oil firms’ climate pledges failing on almost every metric, report finds

Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as ‘the worst of the worst’

The Guardian - US

Iraq Father Begins Legal Action Against BP Over Son's Cancer Death

Hussein Julood is taking legal action against British energy giant BP after he lost his son to leukaemia, which he alleges was caused by gas flaring at Iraq's largest oil field.

International Business Times

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UK ‘net zero’ project will produce 20m tonnes of carbon pollution, say experts

Government told Net Zero Teesside gas scheme will be massive polluter despite its carbon capture claims

The Guardian - UK

BP Expanding EV Charging In US Following Tesla Supercharger Changes

BP expands EV charging unit in the US to support sustainability and meet growing EV market demand.

Top News

BP Wants To Snag Abandoned Tesla Supercharger Sites

Tesla suddenly scaled back its EV charging efforts. The competition is swooping in.

InsideEVs

BP right to hold steady on climate targets despite below forecast profits

Although chief executive Murray Auchincloss has left himself room to pump more oil and gas, renewables should start generating greater returns

The Guardian - UK

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BP plans cost cutting alongside multi-billion payday for investors as profits miss forecasts

New CEO at FTSE 100 oil multinational points to $2 billion in ‘cash cost savings’

Evening Standard

FTSE 100 Live 7 May: Index at yet another record, BP profits down

The momentum for London’s FTSE 100 index is continuing in a session that has also featured BP quarterly results.

Evening Standard

BP to cut $2bn in costs as profits miss forecasts

Oil company to maintain pace of share buybacks despite impact of falling gas prices

The Guardian - UK

LockBit ransomware group’s leader unmasked and hit with sanctions; UK house prices inch higher– business live

Leader of major cybercrime group has been unmasked and sanctioned by the UK, US and Australia, authorities say

The Guardian - UK

Elon Musk’s Supercharger Chaos Could Slow The EV Transition. But It Doesn’t Have To.

Tesla is pumping the brakes on EV charging. That creates opportunities for competitors, industry analysts told InsideEVs.

InsideEVs

Tributes paid to woman found dead in Surrey hotel as man charged with murder

Samantha Mickleburgh, 54, was ‘loved by many’ and an ‘incredible mother’, her family said

The Guardian - UK

Iraqi father launches legal action against BP over son's death from leukaemia

Hussein Julood alleges his son Ali died after being exposed to pollutants from an oil field near their home in Iraq

Evening Standard

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International Business Times UK

Tesla Layoff Scandal: Workers Unaware Until Badge Scans Deny Them Entry

Tesla lays off 10 per cent of its workforce, some unaware until denied entry by security badge scans at factories.

Top News

BP's EV Charging Arm Scales Back, Cuts Jobs Amid Challenges

BP's EV charging arm restructures to enhance efficiency and focus on sustainable growth strategies.

The Guardian - UK

Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’

Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affected

The Guardian - UK

Abu Dhabi state oil company reportedly looked at buying BP

Adnoc decided move was not right fit but it is latest sign of foreign buyers circling UK firms

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Barchart

2 Energy Dividend Stocks to Buy as Analysts Raise Oil Price Forecasts

With analysts raising oil price forecasts amid high demand and tightened supply, here are two dividend-paying European energy stocks for investors to consider.

The Guardian - UK

Is Shell trying to kill the London stock market?

The biggest company on the market is threatening to leave. That is a different order of seriousness than seeing Flutter and CRH flee

Barchart

Big Oil vs. Big Tech: Here's the Winning Trade Right Now

Big Oil is beating Big Tech in 2024. The Energy Select Sector SPDR Fund (XLE) was up more than 13% in the first quarter of 2024, while the Nasdaq-100 Index gained just 8.7%. Add to that breakout performance the massive amounts of payouts that the large oil companies are making…

Evening Standard

FTSE 100 Live 9 April: Blue-chips close a little lower as aerospace struggles, £150m private equity takeover

The FTSE 100 is trading slightly higher in a session featuring trading updates by BP and Imperial Brands.

StockNews.com

3 Oil Stocks to Watch for Returns in April

The oil industry’s prospects appear bright, owing to increasing oil demand, geopolitical tensions, and supply-cut expectations driving oil prices up. Against this backdrop, quality oil stocks BP p.l.c. (BP), Petróleo Brasileiro S.A. - Petrobras (PBR), and Cheniere Energy Partners, L.P. (CQP) could be watched for returns in April. Read on….

The Guardian - UK

Just 57 companies linked to 80% of greenhouse gas emissions since 2016

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

Barchart

Warren Buffett Is Buying This Dividend Aristocrat, Should You?

While Berkshire Hathaway was a net seller of stocks in Q4, chair Warren Buffett added more shares of energy giant Chevron. With a forward dividend yield of more than 4%, CVX looks like a dividend aristocrat worth buying in 2024.

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