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The Latest Breaking News from British Petroleum

How the transition to cleaner energy became a human capital issue

BP is hiring, training, and reskilling employees for low-carbon jobs of the future.

Fortune

The Best Energy ETFs to Buy

Energy ETFs can help investors earn income, hedge against inflation and speculate on commodity prices. Here are five we like.

Kiplinger

Donate ‘wartime profits’ to Ukraine or pay windfall tax, MPs tell BP

The company, which still owns stock in Russian oil, is being pressured to sever all ties with the country

The Guardian - UK

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‘BP must divest from Russian oil firm or pay for Ukraine’s reconstruction’

Dame Margaret Hodge called for the British company to cut its ties with oil firm Rosneft, which is majority owned by the Russian state.

The Independent UK

Russia-Ukraine war at a glance: what we know on day 283 of the invasion

The Kremlin says US refusal to recognise Moscow’s annexed territories in Ukraine is hindering any potential settlement and EU members agree on Russia oil price cap

The Guardian - AU

BP shares in Kremlin oil firm are ‘blood money’, says Zelenskiy adviser

British oil giant had said it would ‘exit Russia’ but still owns nearly 20% of state-controlled fossil fuel firm Rosneft

The Guardian - UK

Gang thug filmed buying petrol bomb ingredients before rival's family home torched

The sinister video was released by the Crown Office after six men were jailed for a total of 63 years yesterday following a terrifying series of firebomb attacks in Greenock.

Glasgow Live

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Oil price tumbles on recession talk, Shell and BP shares follow

Predictions of oil at $250 well wide of the mark

Evening Standard

Sir Jim Ratcliffe: Who is the Ineos billionaire who wants to buy Manchester United?

BusinessLive has taken a look at who the Ineos billionaire is.

Birmingham Post

Fair Cop27? Where did Peter Dutton’s figure of $2tn for climate damage fund come from?

Meanwhile, BP’s CEO was in town spruiking the energy giant’s climate credentials, as its oil output increases from last year

The Guardian - AU

Where to find the cheapest petrol prices across Greater Manchester

Esso, BP and Texaco have some of the cheapest petrol and diesel prices in our region

Manchester Evening News

BP declines to reveal how much ‘loophole’ saved it in windfall tax

MPs hear concerns that investment in North Sea oil and gas reduces the tax, effectively rewarding fossil fuels over renewables

The Guardian - UK

Freedoms don't mask rises in COVID-19 case numbers if you're vulnerable

It seems that most have been lulled into a false sense of security by the abrogation of government responsibility.

Newcastle Herald

Cheapest petrol stations in UK revealed - where you can save up to £4.40 per tank

According to the AA, fuel prices have dropped to an average of 163.70p a litre, but exactly how much you'll pay depends on the petrol station you're visiting - here’s a list of prices

Daily Mirror

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ABC News

Gas well methane leaks a 'huge' environmental and economic issue, BP's Bernard Looney says

The head of one of the world's biggest oil and gas producers has called for a clampdown on fugitive emissions on economic and environmental grounds, but says fossil fuels are crucial to the renewable energy transition.

The National (Scotland)

Campaigners call for end to fossil fuel subsidy as windfall tax increases

THE UK Government’s move to increase the windfall tax on oil and gas companies "makes little difference" when it comes to…

The Guardian - UK

Shareholders reap record payouts from price surge during energy crisis

Energy companies collectively paid investors more than $400bn in third quarter, data shows

Daily Record

Man taken to hospital as petrol station smash shuts Scots dual carriageway

Part of Dundee's Kingsway was closed following the crash at around 5pm.

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The Conversation

Why COP27 should be the last of these pointless corporate love-ins

It’s a glorious afternoon at a luxury resort in Egypt, with six swimming pools leading to a lovely little stretch of beach on the Red Sea. A salsa aquatic class in one of the pools has several enthusiastic participants. Elsewhere, guests are lounging on deck chairs sipping ice cold cocktails.…

The Guardian - UK

Scottish engineer held in Iraqi prison facing extradition to Qatar released

Brian Glendinning, 43, was contracted to work for BP in Iraq when arrested over an alleged debt owed to the Qatari National Bank

Newsroom.co.nz

Commerce Commission controls on ‘fair’ fuel prices is unfair on climate targets

There are alternatives to price caps that won’t interfere with our climate goals – like a windfall tax on the petroleum industry, writes Prof Timothy Welch.

The Guardian - UK

Gas producers using Cop27 to rebrand gas as transitional fuel, experts warn

Companies and financial backers are laying the groundwork for a shift in attitudes towards gas

Wales Online

The lost Swansea high street, the vanished bay, and 'hardy people' who built a community

There's a fascinating and little known piece of history of Swansea's Eastside

The Independent UK

Equipment that's designed to cut methane emission is failing

Methane is the main ingredient in natural gas, and it packs about 80 times the climate-warming power of carbon dioxide

Daily Record

Perth city centre takeaway denied chance to extend late night catering licence

A Perth takeaway owner - refused to extend his catering licence - said visitors from Dundee, Edinburgh and Stirling expect takeaways to be open later

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