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The Latest Breaking News from British Petroleum

What is a windfall tax and will it be extended to UK energy providers?

Explainer: Up to £4bn could be raised from levy on electricity generators, but ministers are rowing back on idea

The Guardian - UK

What Are Whales Doing With BP

A whale with a lot of money to spend has taken a noticeably bullish stance on BP. Looking at options history for BP (NYSE:BP) we detected 16 strange trades.

Benzinga

'We need to put the heat on selfish fatcats so we can actually afford to turn it on'

Guest columnist Anila Baig writes on the ludicrous increase in our energy bills, all while firms such as BP continue to coin it in with profits tripling between April and June

Daily Mirror

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Labour blasts ‘absurd’ tax regime after report shows oil giant Shell received £100m from UK

Call for companies to pay ‘fair share’ during cost of living crisis

The Independent UK

Shell paid no tax on UK production in 2021 and received £100m from taxpayer, Labour claims

With consumers facing £4,200 average household bills next year Labour called on the Tory government to do more to squeeze the oil giants record profits.

Daily Record

Asda, Tesco, BP and Shell warning to drivers over fuel prices

Campaigners say costs should be cheaper

Nottingham Post

ConocoPhillips Shares Advance On Strong Q2 Revenue

A day after reporting better-than-expected sec

Benzinga

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Drivers spot garage selling fuel for MUCH cheaper than big name petrol stations

Social media users slammed bigger petrol providers with one asking: "So a tiny village garage in Herefordshire can manage this, but not the mega-stations of Shell, BP, Esso etc?"

Daily Mirror

Drivers issued warning over buying fuel from Tesco, Asda, Morrisons and Sainsbury’s

Drivers have been warned of buying petrol and diesel from leading supermarkets as the RAC has criticised Tesco, Asda, Morrisons and Sainsbury's for not reducing their prices quicker.

Edinburgh Live

Owners of 'UK's cheapest petrol station' can't stop crying after selling garage

Bailey garage in Abergavenny, Wales attracted headlines and enormous queues last month after it slashed petrol prices to 20p cheaper than the national average - now it's been closed

Daily Mirror

Revealed: BP’s ‘greenwashing’ social media ads as anger over fuel costs rose

Oil company spent £800,000 on social media influence ads after Labour proposed windfall tax

The Guardian - UK

Family behind petrol station where hundreds queued for cheap fuel explain why it's been sold days later

Owner Ian Bailey said he had to speak out after numerous people accused him of flogging the fuel cheaply before selling the business

Wales Online

Alan Sugar confesses whole idea behind The Apprentice didn't work before huge change

Tycoon Lord Alan Sugar says the original format of The Apprentice was that the winner would work for him on a six-figure sum - but this made staff in one of his companies unhappy as they earned less

Daily Mirror

'This winter will be a heck of a shock': The people struggling to survive the cost of living crisis

And it's only set to get harder. Some analysts are predicting average household energy bills of £3,300 in October and persistent high prices throughout next year

Wales Online

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The Conversation

Who benefits from renewable energy subsidies? In Texas, it's often fossil fuel companies that are fighting clean energy elsewhere

Texas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California. In fact, more than a quarter of all the wind power produced in the United States in 2021 was generated in Texas.

Manchester Evening News

British Gas, Shell, EDF, Scottish Power and more issue latest update on energy crisis

The energy giants have spoken out on what they are doing to ease the concerns of customers who can't pay their bills

The Guardian - UK

Energy companies are bleeding British families dry. Here’s how to fix it

Taking back governmental control would be a long-term solution to a broken system, says Guardian columnist Owen Jones

Investors Business Daily

BP Stock Shows Market Leadership With Jump To 83 RS Rating

BP stock shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 77 to 83.

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news in one place.

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Wales Online

Today's rugby news as shock eligibility row erupts and major Welsh rugby loss lands new role

The latest rugby headlines and news bulletins from Wales and the rest of the world

Benzinga

BP Whale Trades For August 03

Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Telehealth Market News: Braxia Scientific Enters Industry By Acquiring Ketamine Treatment Platform In Florida

A researcher and provider of ketamine-assisted treatments for mental health conditions, Braxia Scientific Corp.

The Guardian - UK

Shell to give staff 8% bonus after record profits

Payout comes after oil firm reported $11.5bn second-quarter profits amid soaring energy prices

Daily Record

New Greggs store prepares to open its doors in Irvine

The finishing touches are being put on the company's new North Ayrshire outlet.

ABC News

Corporations' profits soaring as inflation skyrockets and real wages fall, report reveals

There are fresh calls for Australia's biggest corporations to rein in record profits in order to provide low wage earners with some cost-of-living relief.

Daily Record

BP raked in £880 per second while people couldn't afford both eating and heating

SNP energy spokesman Alan Brown said the cost of living with Westminster "is getting worse by the day".

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