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The Latest Breaking News from British Petroleum

Hundreds Of New Oil And Gas Projects Approved Despite Climate Crisis

More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all new hydrocarbon development, new figures showed as the UN COP28 climate talks opened Thursday.

International Business Times

Scottish Tory MP under investigation by Westminster standards watchdog

A SCOTTISH Tory MP is being investigated by the Westminster standards watchdog ...

The National (Scotland)

Renewable exec on ‘relentless consumption’ driving the climate crisis: 'It seems as if people are behaving in a way that we would never tell our children to behave’

WasteFuel’s Trevor Neilson spoke at the Fortune Global Forum in Abu Dhabi on consumption, biofuels and climate activists: “They’re an interesting bunch.”

Fortune

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read the most diverse news in one place.

“I really liked the concept, but it was a bit impractical. My bass playing tends to rely more on my hands than any kind of trick”: Listen to Paul Jackson’s double-stop funk on Herbie Hancock’s Watermelon Man

Paul Jackson’s big-bottomed stank came courtesy of his modified Fender Telecaster Bass, Geraldine

Guitar World

Non-Tesla EVs Can Now Supercharge In South Korea

Tesla has just expanded its Non-Tesla Supercharger Pilot program to another country, making available select Superchargers in South Korea to other EVs.

InsideEVs

Golar LNG (GLNG) Surpasses Q3 Earnings Estimates – Time to Reevaluate Your Position?

Golar LNG’s (GLNG) fiscal 2023 third-quarter earnings beat analyst expectations. However, the drop in revenue and earnings compared a year ago could be worrisome for investors. Amid this, should you reexamine your position in this stock? Read on to find out….

StockNews.com

Is Pennsylvania Governor’s Deal With Natural Gas Giant a PR Stunt? Some Think So.

Texas sees “bonanza” in carbon storage market, motivated more by money than emissions reductions.

Capital & Main

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The great carbon divide

We are not equally to blame for rising temperatures, and recognising that is an important step in identifying possible solutions

The Guardian - UK

National Portrait Gallery criticised over choice of sponsor to replace BP

New portrait prize sponsor, the law firm Herbert Smith Freehills, has represented the oil company

The Guardian - UK

BP and Spotify bought carbon credits at risk of link to forced Uyghur labour in China

Credits sourced from carbon project that was centred on biomass power plant in Xinjiang, investigation finds

The Guardian - UK

Greens say CSIRO’s independence must be protected after alleged collaboration with BP

Exclusive: Australian scientific agency rejects ‘ghostwriting’ claims made by US law firm representing victims of Deepwater Horizon oil spill

The Guardian - AU

Why share buybacks are the cowardly option for FTSE-100 bosses

Share buybacks by major companies around the world have almost trebled from $463 billion to $1.3 trillion since 2012

Evening Standard

3 No-Brainer Oil & Gas Stocks to Buy in November

Tight supplies due to production cuts and the expected rise in oil and gas demand drive oil and gas prices, benefiting oil and gas companies. Given this backdrop, it could be wise to buy fundamentally strong oil and gas stocks BP p.l.c (BP), Eni (E), and Koninklijke Vopak (VOPKY). Read…

StockNews.com

BP projects have helped fund Azerbaijan military aggression, say campaigners

Exclusive: Global Witness claims UK firm has indirectly helped fund aggression against ethnic Armenians in Nagorno-Karabakh

The Guardian - UK

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Fortune

There are 74 women in the CFO role at companies on the inaugural Fortune 500 Europe list

Together, the 500 companies brought in revenue of $13.94 trillion in their most recent fiscal year.

France 24

McKinsey & Company pushes fossil fuel interests as advisor to UN climate talks, whistleblowers say

The world's top management consultancy McKinsey & Company is using its position as a key advisor to the UN's COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources…

AAP

Report pokes holes in fuel company plans for net zero

An analysis of net-zero plans released by petrol companies have questioned their green claims, including their reliance on 'dirty' hydrogen and carbon offsets.

AAP

Petrol giant powers more than 100 electric car chargers

Electric vehicle chargers are becoming a more common sight at petrol stations as BP passes its 100-charging point milestone.

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Sports Illustrated

For 21-Year-Old Evan Carter, the Rangers’ Playoff Pressure Is the Least of His Big-League Worries

The outfielder has excelled since being called up from the minors before Texas’s postseason run. But getting used to MLB life off the field might take some time.

The Guardian - UK

Ørsted cancels two US offshore windfarm projects at £3.3bn cost

Danish company’s CEO cites escalating costs in global offshore wind industry as shares fall

The Guardian - UK

BP’s interim boss struggles to be heard. But his message is right

‘Nothing’s changed’ stance by Murray Auchincloss needs time despite sceptism of investors

Evening Standard

BP shares take a hit on profit miss even after fresh $1.5 billion payday for investors

The UK's fourth most valuable company makes the biggest fall on the FTSE 100

The Guardian - UK

BP plays down takeover speculation after lower than expected profits

Oil company’s future in doubt amid US mergers after shock exit of its chief executive Bernard Looney

Barchart

1 Dividend Stock Set to Fuel Asia's Renewable Energy Transition

In Asia, another 300 million tons of new LNG export capacity will be needed by 2030 to meet demand — roughly a 75% jump from today’s levels. Here's the best stock to play this energy demand trend.

InsideEVs

BP Buys Tesla Fast Charging Hardware For Its U.S. BP Pulse Network

BP announced a major agreement with Tesla, which will result in $100 million order of Tesla’s ultra-fast chargers for its BP Pulse charging network in the U.S.

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