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The Latest Breaking News from British Petroleum

BP earnings triple as energy firm profits from rising prices

BP’s earnings have tripled in the second quarter as the British energy giant profited from oil and natural gas prices that soared after Russia invaded Ukraine

The Independent UK

BP posts eye-watering profits as families fear they have 'nothing left' to cut back on

ENERGY giant BP has posted eye-watering profits of £6.9 billion as ordinary families across the country fear another expected increase in their…

The National (Scotland)

BP profit triples to $9.3 bn on soaring energy prices

London (AFP) - British oil giant BP rebounded to second-quarter profit on soaring energy prices, it said Tuesday, after a big loss linked to its Russia exit following Moscow's invasion of Ukraine.

AFP

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BP announces huge £6.9billion profit amid soaring fuel and energy bills

The company is the latest to announce staggering profits during the cost of living crisis

Manchester Evening News

BP sees earnings hit 14-year high amid anger over energy firm profits

The oil and gas giant has announced a 10% rise in shareholder dividends

Insider UK

FTSE 100 Live: BP profits surge to £7bn in Q2, Brent crude holds $100

BP today racked up profits of $8.5 billion (£6.95 billion), up more than a third on the previous quarter after a continued surge in oil prices.

Evening Standard

BP reports almost £7bn profit as energy prices soar

BP faced a backlash on Tuessday after the oil and gas giant reported near-£7 billion profits between April and June as it cashed in on soaring energy costs.

Evening Standard

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BP's profits treble as households face record energy bills and high fuel prices

The company has cashed in on high oil and gas prices

Wales Online

Anger as BP profits triple to $8.5bn amid soaring household energy bills

Renewed calls for windfall tax as energy firms make ‘eye-watering’ sums as families struggle to afford bills

The Independent UK

BP profits triple to £7bn as oil prices surge because of Ukraine war

Labour says government is ‘totally wrong’ to give tax breaks to oil companies amid cost of living crisis

The Guardian - UK

BP profits hit £6.9BILLION in 14-year high as UK buckles under soaring energy bills

BP's financial performance has gone through the roof thanks to soaring oil and gas prices due to the war in Ukraine as they've already raked in £5billion in profits in the first three months of the year - which is more than double the £2.3bn earned in the same period…

Daily Mirror

BP accused of ‘unfettered profiteering’ as profits triple; company failures surge – business live

Unions criticise oil giant who recorded second-highest profits in its history after Ukraine war drove up energy prices

The Guardian - UK

BP fatcats set to rake in £18m a year as households struggle to pay energy bills

Chief executive Bernard Looney, 51, could take home an astonishing £11.7m along with finance boss Murray Auchincloss who could trouser up to £6.3m in pay and perks

Daily Mirror

BP Opens Its First Charging Station For Electric Trucks

BP has opened its first fast charging station aimed at medium and heavy-duty electric trucks, as part of preparation for mass electrification.

InsideEVs

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Liverpool Echo

Petrol price cut for UK drivers among lowest in Europe, RAC claims

Only Luxembourg has done less than the UK Government, according to the motoring body

Tribune News Service

How to think about your carbon footprint

It’s been nearly two decades since the oil giant BP released a calculator to help consumers figure out all the ways carbon was creeping into their lives, from commuting to work to buying food. The PR campaign was wildly successful: It popularized the very idea of an individual “carbon footprint.”

Benzinga

What Are Whales Doing With BP

Someone with a lot of money to spend has taken a bearish 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.

The Guardian - UK

Can Rolls-Royce’s new boss rev up its fortunes?

A veteran of BP, Tufan Erginbilgic arrives with a reputation for ‘creation of significant value’

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Birmingham Post

Rolls-Royce names former BP boss Tufan Erginbilgic as new chief executive

He will take over from Warren East who is stepping down after eight years at the helm

The Independent UK

Rolls-Royce names former BP executive as new boss

Tufan Erginbilgic will succeed outgoing chief executive Warren East on January 1 next year.

Investors Business Daily

BP Stock A Market Leader After Exiting Russia Joint Venture

A Relative Strength Rating upgrade for BP stock shows improving technical performance.

Insider UK

Floating offshore vessel workers set to strike

Around 60 staff are set to take industrial action from 5 August

Nottingham Post

Extinction Rebellion campaigners to protest at Newark and Sherwood petrol stations

They will be peacefully protesting in a variety of ways

The Guardian - AU

Australian super funds include fossil fuels in ‘sustainable’ options, investor activists say

Market forces says its research shows ‘climate wrecker’ companies with interests in coal included in portfolios of ethical offerings

The Guardian - UK

Wellcome Trust sells stakes in large oil and mining companies

One of UK’s biggest funders of scientific research will no longer profit from businesses such as BP and Shell

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