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The Latest Breaking News from British Petroleum

BP says it paid £1.2bn in UK taxes last year amid Government plans to raise more

The energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits levy.

Evening Standard

Energy transport corridors to Europe boosted by AI and new digital systems

AI and new digital technologies are key to the urgently needed alternative energy trade routes through the Southern Gas Corridor and the Middle Corridor systems connecting the Caspian and Europe.

Euronews

The BP drama will fade: boards are allowed to ditch the chair

Rather than a continuation of the company’s recent issues, isn’t this an example of the board doing what it is supposed to do?

The Guardian - UK

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BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

The Guardian - UK

Ousted BP chair refutes bullying claims in extraordinary statement

IN FULL

The Independent UK

Former BP chair Albert Manifold denies wrongdoing after ouster

Albert Manifold, the former BP Chair, has denied misconduct following his dismissal. He acknowledged pushing for changes in costs and efficiency. Manifold stated that he does not accept lies being told about him. He also described the current BP leadership as having integrity. Manifold has reportedly hired a law firm…

The Economic Times

Ousted BP chair says he refused chauffeur-driven limo and made his own coffee as he hits back at ‘lies’

BP heading for legal fight with Albert Manifold who has issued an extraordinary statement insisting he is not a bully

The Independent UK

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Macron announces big investments at France's 'electrification team' meeting

French President Emmanuel Macron gave the country's plans to move away from fossil fuels another boost on Tuesday, announcing big private investments, including a €1 billion EV project from Stellantis. Some 200 companies signed onto a national pact to join the government's efforts to double the share of electricity in…

France 24

BP boardroom turmoil deepens as ousted chair hits back at ‘lies’ over conduct

Albert Manifold disputes reports about his behaviour and says he always tried to set example

The Guardian - UK

Ousted BP chairman says he called out ‘excessive’ spending like limousine travel

Albert Manifold issued a statement in response to reports about his conduct after BP’s board removed him with immediate effect on Tuesday.

Evening Standard

FTSE 100 edges up and oil sinks amid peace optimism

The FTSE 100 closed up 13.62 points, 0.1%, at 10,505.01.

Evening Standard

Who Is Albert Manifold? BP Boss Fired After Boardroom Bullying Allegations Surface

BP plc has removed its chairman, Albert Manifold, citing serious governance and conduct concerns, including allegations of bullying. The board acted unanimously, appointing Ian Tyler as interim chairman.

International Business Times UK

Egypt marks record year for gas discoveries amid domestic shortage

Egypt’s recent Eni-linked gas finds have lifted hopes of an upstream revival, but analysts say import pressure is unlikely to ease soon.

Euronews

Ousted BP chair says he was removed ‘without warning and without explanation’

IN FULL

The Independent UK

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The Guardian - UK

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

Fortune

Inside Citi CEO Jane Fraser’s 5-year grind to restore the bank's credibility

Also: All the news and watercooler chat from Fortune.

The Independent UK

Ousted BP chief Albert Manifold hits out at ‘false narrative’ after sacking

BP’s board removed him with immediate effect, reporting ‘serious concerns’ related to his conduct, oversight and governance at the oil giant, which he disputes

Evening Standard

Ousted BP chairman hits back at ‘false narrative’ over conduct

Mr Manifold said he ‘entirely’ disputes the characterisation of his conduct laid out by his former employer.

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The Independent UK

BP removes chair over ‘serious’ conduct, oversight, and governance concerns

IN FULL

AAP

AAP Rolling News Bulletin May 27, 1230

AAP Rolling News Bulletin for May 27 at 1230

AAP

AAP Rolling News Bulletin May 27, 1200

AAP Rolling News Bulletin for May 27 at 1200

AAP

AAP Rolling News Bulletin May 27, 1130

AAP Rolling News Bulletin for May 27 at 1130

AAP

AAP Rolling News Bulletin May 27, 1100

AAP Rolling News Bulletin for May 27 at 1100

AAP

AAP Rolling News Bulletin May 27, 1030

AAP Rolling News Bulletin for May 27 at 1030

AAP

BP ousts chair citing governance and conduct issues

BP's sacked chairman Albert Manifold has ‌pushed back against what he ‌described as a "false narrative" surrounding ‌his removal from the British oil major.

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