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The Latest Breaking News from British Petroleum

BP subsidiary agrees to record $40M penalty and pollution-cutting steps at Lake Michigan refinery

Federal officials say a BP subsidiary will pay a $40 million penalty and install technology to control the release of benzene and other contaminants at its Whiting oil refinery in northern Indiana

The Independent UK

Could Guyana’s Exxon ruling scare big oil off risky exploration?

Ruling requiring ‘unlimited guarantee’ from oil firms to cover costs of spills could change offshore drilling throughout region

The Guardian - UK

Adverts claiming products are carbon neutral by using offsetting face UK ban

Advertising watchdog to begin stricter enforcement on use of terms such as ‘carbon neutral’ amid concerns over offsets

The Guardian - UK

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If we’re smart about water, we can stop our cities sinking

As more cities sink, rethinking how we use groundwater can ease pressure on precious aquifers.

Re: "EC urged to bar MFP leader Pita", (BP, May 10).

Bangkok Post

Federal budget 2023: Billionaire Andrew Forrest a likely budget winner with green hydrogen subsidies

The government has injected $2 billion into green hydrogen through the federal budget amid fears Australia is falling behind in the race to become a renewable energy superpower.

ABC News

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A taste of duty

Re: "Conscription blues", (BP, May 7).

Bangkok Post

Hear the people sing

Re: "No questions asked", (PostBag, May 7) & "Neighbours, Asean states meet in Delhi over crisis", (BP, April 27).

Bangkok Post

What the polls say

Re: "MFP closing gap with Pheu Thai: Nida", (BP, May 4).

Bangkok Post

Quiz of The Week: 29 April - 5 May

Journalists worldwide have been on a royal bonanza this week in the run-up to the crowning of King Charles III.

The Week

Fury as Shell makes £7.6BILLION in 3 months as Tory windfall tax failure blamed

The oil giant raked in a record £7.6billion in the first three months of this year, or £986 every second, and showered shareholders with £4.8billion

Daily Mirror

Fury as Shell rakes in record $9.6bn first quarter ‘profit bonanza’

Shell’s ‘profiteering bonanza’ fuelled calls for a tougher windfall tax on oil giants accused of cashing in on soaring energy prices

The Independent UK

Oil giants 'practically untouched' by windfall tax as Shell announces bumper profits

OIL giants Shell, Equinor and BP have announced multi-billion pound profits, sparking calls for tougher windfall taxes on fossil fuel companies.

The National (Scotland)

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Insider UK

Shell makes nearly £1.4 billion more than expected

Oil giant will buy back shares worth £3.2bn from investors over the next three months

The Guardian - UK

ECB’s Lagarde says some firms have taken advantage of inflation to lift profit margins, after raising interest rates – as it happened

European Central Bank has lifted its key interest rates by a quarter of one percent

Wales Online

Shell makes nearly £1.4bn more than expected in first three months

The business joined its rival BP in reporting expectations-beating results

The Guardian - UK

Shell accused of ‘profiteering bonanza’ after record first-quarter profits of $9.6bn

Figure easily beats predictions and comes despite fall in oil and gas price

Get all your
news in one place.

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Bangkok Post

Could've, should've

Re: "Thaksin's tweet sparks debate", & "In Quote", (BP, May 2).

Roll Call

Democrats still aim to probe oil giants’ climate-change knowledge - Roll Call

Senate Democrats aim to continue a House investigation into the oil industry's so-called supermajors and what they knew about climate change.

The Guardian - AU

Morning Mail: Liberals accused of flirting with ‘far-right fringe’ over voice, rocketing rents, BP’s ‘heinous’ profits

Mark Dreyfus accuses Michaelia Cash after her appearance on controversial Sky News segment

The Independent UK

BP profits explained and where that money goes

Growing calls for the government to close a ‘loophole’ in its windfall tax on oil and gas companies amid bumper profits

Daily Mirror

BP makes £4bn in three months as Labour's calls for windfall tax are fuelled further

BP’s latest profits, between this January and March, were around £560millon more than analysts who follow the company predicted it would make

The Independent UK

Calls for ‘loophole’ to be closed as BP profits are £500m ahead of expectations

Enormous earnings are the ‘unearned, unexpected windfalls of war’, says Labour shadow energy secretary Ed Miliband

Daily Record

SNP and Labour slam Tories after BP profits are £500m more than expected

The oil giant said it made just under £4 billion in underlying replacement cost profit between January and March.

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