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The Latest Breaking News from British Petroleum

What does ‘nature positive’ mean – and can it rally support to stop biodiversity loss?

The buzz phrase aims to be for biodiversity what ‘net zero’ is for climate campaigning. Yet some fear it is too vague, and open to greenwashing

The Guardian - UK

Is the writing on the wall for the British Museum’s BP deal?

Chair of the museum, George Osborne, says it no longer wants to be a ‘destination for climate protest’

The Guardian - UK

US panel accuses ‘Big Oil’ of disinformation over climate plans

House Oversight Committee says oil companies are ‘lying’ about promises to reduce greenhouse gas emissions.

Al Jazeera

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Oil firms have internally dismissed swift climate action, House panel says

Documents show the fossil fuel industry ‘has no real plans to clean up its act’ and took steps to continue business as usual

The Guardian - US

TotalEnergies to ‘gradually withdraw’ from Russian investments

World’s fifth-largest oil firm finally bows to pressure after invasion of Ukraine, removing representatives from Novatek board

The Guardian - UK

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

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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

‘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

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

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The Guardian - AU

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

Manchester Evening News

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

The Guardian - UK

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

Newcastle Herald

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.

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Daily Mirror

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

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.

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

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