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The Latest Breaking News from British Petroleum

Reeves reaffirms commitment to end windfall tax in talks with North Sea bosses

The Chancellor met figures from BP, TotalEnergies and Serica in Downing Street.

Evening Standard

Oil prices rise further as Iran blocks vital shipping route

Brent crude rose by more than another 3% on Tuesday to a one-year high of 80 US dollars a barrel.

Evening Standard

European stocks sink amid Middle East uncertainty

The FTSE 100 Index ended down 130.44 points, 1.2%, at 10,780.11.

Evening Standard

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‘You’re sweet – and I’m old!’: Billy Porter and Sam Morrison on teaming up for a comedy about love and death

The Emmy-winning singer and actor was so struck by the comedian’s autobiographical one-man show Sugar Daddy that he signed on as producer. The pair discuss ‘bears’, blood sugar and bridging the divides between generations of gay men

The Guardian - UK

FTSE 100 pauses rally as Iran tensions escalate

Donald Trump urged Tehran to strike a ‘meaningful’ deal.

Evening Standard

FTSE 100 climbs as US jobs data beats expectations

The FTSE 100 index closed up 118.27 points, or 1.1%, at 10,472.11.

Evening Standard

Activist investor Elliott builds up stake in London Stock Exchange Group

US firm held talks with LSEG to push performance at time of reduced listings and AI concerns

The Guardian - UK

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Honeymoon period for new BP boss won’t last long

Markets did not like the decision to suspend share buy-backs – and investors will want clarity about what happens next

The Guardian - UK

BP halts share buy-backs as annual profits slide

Pressure mounts on oil and gas company as it aims for turnaround under new chief executive

The Guardian - UK

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

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

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

BP faces calls for new strategy to end period of turbulence

Full-year results expected to reveal weaker profits as company also faces investor pressure over climate U-turn

The Guardian - UK

Michigan accuses big oil of being ‘cartel’ that fuels climate crisis and high energy costs

In first-of-its-kind complaint, state accused four fossil fuel majors and US oil lobbying group of climate disinformation

The Guardian - US

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The Guardian - UK

Mandelson sought Epstein’s help in hunt for lucrative roles at Glencore and BP

Days after Labour’s 2010 defeat former cabinet minister began dogged pursuit of ‘highly paid’ jobs, emails show

The Guardian - UK

Andrew invited Epstein to Buckingham Palace after child sex offender’s release, files show

Emails between former prince and financier revealed in latest tranche of released documents

InsideEVs

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

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.

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Radio France Internationale

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…

Euronews

‘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.

International Business Times UK

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.

The Guardian - UK

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

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

Barchart

As Trump Spats With Exxon CEO Darren Woods Over Venezuela, Should You Take a Risk and Buy XOM Stock?

Woods said Venezuela was uninvestable, prompting Trump to say that Exxon was being "too cute" and may not be involved in rebuilding the oil infrastructure in the country.

The Guardian - UK

BP to take hit of up to $5bn on green energy as it refocuses on fossil fuels

Energy company also under pressure from worse oil trading performance and weaker oil prices

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