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The Latest Breaking News from British Petroleum

Liz Truss plans massive subsidy for energy bills but won't tax energy giants to pay for it

Keir Starmer accused her of making working people 'foot the bill'

Wales Online

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 11 strange trades.

Benzinga

Great North Run organisers aim for growth after difficult period

The Great Run Company has appointed a former BP executive to be its new chair, with a new role for founder Sir Brendan Foster

Birmingham Post

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The people making a difference: the climate activist fighting fossil fuel giants

Nick Hodgkinson gave up his job when his health worsened, and began campaigning to halt climate change. Now it is his turn to be treated

The Guardian - UK

Poster in BP garage tells staff to bin leftovers and eating them is 'sackable offence'

A former BP worker is campaigning for all supermarkets to offer leftover food to staff members and claims she and her colleagues were barred from taking any under threat of dismissal

Daily Mirror

Bad economics trumps good environmental outcomes

Whether pumping petrol or fouling streams, sometimes environmental regulations make it just seem easier to go with the flow.

Newsroom.co.nz

New Asda store will see return of 24 hour supermarket for town

The new supermarket will take the place of an "underperforming" BP petrol station

Liverpool Echo

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What Are Whales Doing With BP

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

Global fossil fuel subsidies almost doubled in 2021, analysis finds

Support amid huge industry profits is a ‘roadblock’ to tackling climate crisis, says International Energy Agency

The Guardian - UK

Whitmer order lifts some fuel rules to address potential impact of Indiana refinery fire

DETROIT — Gov. Gretchen Whitmer on Saturday issued an executive order lifting some rules on fuel supply transportation and moving forward the timeline for the state to access its fall gasoline supply in light of a fire at an Indiana refinery that may affect Michigan's supply and prices.

Tribune News Service

Former BP chief calls for energy price cap to be suspended and oil firms to be taxed more

Nick Butler has called for taxes to be increased on companies that are "milking the system". Mr Butler worked at BP for more than 30 years.

Wales Online

Former BP chief says price cap should be suspended

Nick Butler said the increase in the Ofgem price cap should be suspended, after they announced an 80% hike in bills.

The Independent UK

This Is What Whales Are Betting On BP

A whale with a lot of money to spend has taken a noticeably bearish stance on BP. Looking at options history for BP (NYSE:BP) we detected 12 strange trades.

Benzinga

Just Stop Oil protesters blockade central London petrol stations

Environmental activists stage sit-down protests, blocking entrances and gluing themselves to pumps

The Guardian - UK

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Evening Standard

Just Stop Oil block seven London petrol stations during rush hour

More than 50 eco-warriors from Just Stop Oil have blocked service stations and smashed up petrol pumps across west and central London.

Evening Standard

North Sea oil giant’s huge profit set to fuel fresh row

Hike just hours ahead of announcement of unprecedented rise in domestic gas and electricity bills

Manchester Evening News

Police searching for suspects who fled BP petrol station with bag after robbery

Officers are trying to get footage of the incident

ABC News

Jeff Sparrow says we've been duped into believing environmental blame rests with us

It's big businesses, not individuals, that need to change if we are to address environmental issues.This author says clever marketing has made us think otherwise.

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The National (Scotland)

Wealthy pushing up land costs to ‘greenwash’ image, campaigners warn

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The Guardian - UK

Oil giant’s lobbying firm provided ‘admin support’ to MPs investigating energy crisis

Calls for greater oversight of parliamentary groups after concerns raised about Tory backbench committee

The Guardian - UK

Tory leadership race: Truss takes on Sunak in Manchester – as it happened

The two candidates faced questions from Conservative members on the NHS, trade unions, and energy bills

The Independent UK

Former BP chief calls for UK energy price cap freeze ahead of ‘winter of discontent’

Nick Butler says firms who cannot offer lower prices should be renationalised

The Guardian - UK

I worked for BP for 30 years – the energy sector has become incompetent and greedy

If these profiteering firms are failing to meet society’s needs, the government should take them back into public control, says Nick Butler, a former vice-president at BP

The Guardian - UK

Former BP chief urges freeze to UK energy price cap to help households

Ofgem should stop rises in cap, and energy firms unable to offer lower bills should be nationalised, says Nick Butler

The Conversation

Influential oil company scenarios for combating climate change don't actually meet the Paris Agreement goals, our new analysis shows

Several major oil companies, including BP and Shell, periodically publish scenarios forecasting the future of the energy sector. In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international Paris climate agreement.

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